Technical analysis of SUI on June 30, 2025, covering resistance, support, and indicators
The technical analysis of SUI on June 30, 2025, reveals a dynamic market with short-term bullish signals. SUI is currently trading around $4.250, up 0.8% in the past 24 hours, driven by increased activity in the SUI ecosystem, particularly in DeFi and stablecoin sectors. Charts indicate that SUI is approaching a key resistance zone between $4.588 and $4.60, which has recently blocked further price advances multiple times. On the 4-hour timeframe, SUI has formed an ascending channel pattern, accompanied by rising trading volume. This pattern is typically considered a bullish continuation pattern, indicating buyer interest. The RSI stands at 58, reflecting a bullish trend with moderate momentum, not yet in overbought territory. The MACD indicator also shows a bullish crossover, supporting the potential for continued upward movement in the short term. A key support zone lies between $2.700 and $3.300, which has historically acted as a strong demand area. This level has prevented further declines multiple times, and buyers are expected to defend it during any price correction. A break below this support could push prices toward $2.500 or even $2.300, a plausible bearish target. From a price pattern perspective, the ascending channel on the 4-hour chart suggests upside potential. A break above $4.60 could drive prices toward $9.500 or even $10.000, potentially marking a new all-time high. However, declining trading volume near resistance may signal weakening momentum, which traders should monitor closely. Fundamental factors, such as SUI’s ecosystem growth in DeFi and stablecoin sectors, have acted as bullish catalysts. Recent data indicates strong demand for SUI in U.S. markets. However, crypto market volatility and macroeconomic factors, such as interest rate changes or geopolitical tensions, continue to pose risks. Traders should prioritize risk management. Setting stop-losses near $2.700 for long positions and $4.60 for short positions is advisable. SUI is likely to test the $4.60 resistance in the short term, but traders should prepare for a potential correction if this level isn’t breached.
Market Sentiment
The analysis suggests a short-term bullish trend, but a correction is possible if key resistance isn’t broken.
Key Points:
- SUI Technical Analysis
- Resistance and Support Zones
- Market Indicators