Key Takeaways
- A crypto expert made a bold claim that now is the time to buy SUI.
- Price action indicates that SUI is poised for a 21% upside momentum.
- On-chain metrics reveal that $17.80 million worth of SUI has left the exchanges.
With a 4.34% price jump, Sui (SUI) is opening the door to repeat its historical patterns, suggesting that the asset may be on the verge of a massive upside rally. Adding to this momentum, a prominent crypto expert shared a post on X, stating that it’s still a good time to buy SUI.
Expert Predictions and Current Market Trends
The expert further noted that SUI could reach $7 if it breaks out of the key resistance level at $4.28. However, this bold prediction comes as the asset climbed 4.12% over the past 24 hours. Currently, SUI is trading near $3.57, but a lack of participation has been observed. Data shows that the asset’s 24-hour trading volume has dropped by 29% compared to the previous day.
Technical Analysis and Key Levels
The daily chart reveals that SUI’s modest gain has broken a descending trendline that had acted as prolonged resistance since July 2025. Not only that, but it has also broken a local horizontal resistance level at $3.50. However, the Average Directional Index (ADX) shows a weak trend in the asset, as its value stands at 15, below the threshold level of 25.
Based on the current price action, SUI’s upside momentum could only be confirmed if it successfully closes a daily candle above the $3.50 level. If it does, there is a strong possibility that the asset could see a 21% rally, with the price potentially jumping to the $4.40 level.
This type of pattern in SUI has appeared twice on the daily chart since April 2025, resulting in a price rally each time. The first instance was on April 22, 2025, when SUI broke out of the descending trendline, leading to an 80% surge. The second instance occurred on July 8, 2025, which propelled SUI by 46%. Now, the third breakout of a similar pattern suggests a high possibility of a pattern reversal.
On-Chain Activity Signals Bullish Momentum
Looking at the current price action, this appears to be the reason behind SUI’s continuous accumulation by investors and long-term holders.
Data from Coinglass reveals that over the past 48 hours, more than $17.80 million worth of SUI tokens has left the exchanges. This outflow suggests potential accumulation and demonstrates growing interest and confidence in the SUI token.
Meanwhile, traders also appear to be following the same trend. Currently, the Binance SUIUSDT Long/Short ratio stands at 2.21, indicating strong bullish sentiment among traders. Additionally, the metric indicates that 68.88% of Binance traders are holding long positions, while 31.12% are holding short positions.
When combining these metrics, it appears that bulls are back and currently dominating the asset.
