How Is SUI Price Trending? How to Trade SUI in the Future?
According to the data from Gate, SUI is currently priced at $3.552, leading the Layer1 track with a 17.11% increase in the past 24 hours. SUI has seen continuous growth for 5 days. SUI’s current market capitalization is $11.6 billion, ranking 11th in the market. The historical high price of SUI was set at $5.35 at the beginning of 2025, still needing a 50% increase to set a new all-time high.
How to trade SUI in the future?
Current market overview
- Spot Price: 3.552 USDT
- 24h change: 17.11%
- 24-hour highest price: 3.5841 USDT
- 24-hour lowest price: 2.9476 USDT
- Trading Volume: 26,166,597.53 SUI
- 24-hour net fund inflow: 97,612,782 USDT
- Market Sentiment: Neutral (Fear Greed Index is 52)
Support and resistance levels
- Support level: 3.2118 USDT
- Resistance level: 3.3954 USDT
Technical indicators analysis
- Bullish signal: MACD shows a golden cross, indicating a possible upward trend in the short term.
- Bearish signal: RSI overbought, may face pullback risk; BOLL band touched upper rail, indicating price may fall back.
Trading strategy recommendations
Strategy 1: Short-term Bullish Strategy
- Direction: Bullish
- Entry price: 3.55 USDT (current price)
- Stop-loss price: 3.40 USDT (below the support level)
- Target price: 3.70 USDT (near resistance level)
- Reason: The current market sentiment is greedy, and the MACD has a golden cross, indicating the potential for upward movement in the short term. The capital inflow situation is good, supporting price increases.
Strategy 2: Short-term bearish strategy
- Direction: Short
- Entry price: 3.58 USDT (close to the 24-hour high)
- Stop-loss price: 3.65 USDT (above the resistance level)
- Target Price: 3.30 USDT (below support level)
- Reason: RSI indicator shows overbought, a pullback may occur. BOLL band touched the upper rail, there is a risk of price fallback, suitable for short-term short operations.
SUI Future Outlook
As a high-performance Layer 1 blockchain developed by Mysten Labs, SUI adopts parallel transaction processing and a unique object model, combined with the Narwhal and Tusk consensus mechanisms, maintaining high speed and low latency even in high-concurrency scenarios, possessing strong technical advantages. SUI has a market value of $11.6 billion, ranking 11th in the market, attracting capital attention across the market.
Although still far from the historical high, strong fund inflows and MACD golden cross signals indicate that SUI has short-term upward momentum. In the medium to long term, with the security and flexibility of the Move programming language, SUI is expected to continue to expand in multiple tracks such as DeFi, NFT, games, and metaverse, becoming a cornerstone Web3 The important power of infrastructure.
