The post SUI Price Holds Key Support, Could Mirror Solana’s Rally appeared on BitcoinEthereumNews.com.

TLDR: SUI price trades within a key $2.50–$2.90 support zone, showing signs of strong re-accumulation. Weekly chart reveals higher highs and lows, supporting a long-term bullish trajectory Analysts eye $4.83 as the next resistance, if SUI breaks above the re-accumulation range. Trading volume surpasses $562M as interest builds around consolidation and breakout levels. SUI’s price action lately has seen the token consolidate within a crucial support range. Amid a broader market recovery, several analysts are highlighting a re-accumulation zone that could set the stage for a breakout.  The token, currently trading just under $3, has held firm despite recent market swings. Its technical setup is sparking comparisons to early-stage Solana movements. Momentum appears to be building as price action tightens between trendlines on higher timeframes. SUI Price Re-Accumulation Zone Offers Buying Opportunity According to a recent chart review shared by Crypto Patel, SUI is navigating a re-accumulation zone between $2.50 and $2.90.  This region, identified by rising trendlines, has historically supported price rebounds. The token’s ability to hold within this zone has encouraged accumulation by traders expecting upside movement. $SUI might be the next #Solana I’m buying every big dip — especially below $2.50.This re-accumulation zone won’t stay cheap for long. Next pump? Could be legendary. NFA. DYOR. pic.twitter.com/xRdVycqNIh — Crypto Patel (@CryptoPatel) July 9, 2025 Patel referred to this region as undervalued territory, suggesting short-term pullbacks below $2.50 may not last. He emphasized that strong support also exists around $2.20, which could provide a safety net if selling pressure resumes. Technical analysis on the weekly timeframe shows two parallel trendlines guiding SUI’s current trajectory. These trendlines frame a pattern of higher highs and higher lows.  The price has consistently rebounded within these channels, suggesting an active bullish structure. The token’s current movement is seen as a healthy consolidation phase.…

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Filed under: News - @ July 9, 2025 2:29 pm