The post Sui (SUI) Price Prediction: Sui Price Rebounds Strongly from $2.40 Support as Crypto Analyst Targets $4.50 Breakout appeared on BitcoinEthereumNews.com.

Sui (SUI), the native token of the Sui network and a prominent layer 1 blockchain, has recently demonstrated a notable price rebound, signaling renewed optimism among investors and traders. After enduring a month-long downtrend, SUI sharply bounced from a critical support level of $2.40, marking a potential turning point in its market outlook. This resurgence is supported by a surge in trading volume, increased whale accumulation, and technical patterns indicating a possible breakout toward key resistance levels. Sui Price Analysis: From Support Bounce to Breakout Potential Over the past 24 hours, SUI surged approximately 12.5%–15%, climbing from $2.40 to around $2.79. This recovery interrupted a persistent downward trend that had weighed heavily on the token throughout June. Analysts highlight that the $2.40 level corresponds with the 78.6% Fibonacci retracement of Sui’s rally late last year, making it a pivotal support zone. Sui (SUI) was trading at around $2.78 at press time. Source: Brave New Coin Technical charts reveal a falling wedge pattern — a classic bullish reversal signal — that had been developing over several weeks. According to crypto analyst Crypto Winkle, this breakout is “textbook,” with initial upside targets identified at $4.50 and $6.20. However, the immediate hurdle remains the $3.10 to $3.16 resistance band, which must be cleared to sustain upward momentum. Whale Activity and Trading Volume Signal Growing Confidence On-chain data indicate increased accumulation by large holders, with rising inflows into cold wallets suggesting a shift toward long-term holding rather than short-term selling. Market metrics confirm this optimism; daily trading volume jumped over 50%, reaching nearly $2 billion, while Sui’s market capitalization rose by approximately 12%. Such accumulation trends often precede extended price advances in the crypto space, hinting that institutional or whale investors see value in SUI amid current market conditions. Sui Market Outlook: Resistance Levels…

---

Filed under: News - @ June 25, 2025 6:24 pm