- $SUI poised to test $4.3 resistance, potentially breaking to new ATHs.
- suiUSDe launch in Q4 2025 could drive liquidity and price surge.
- Declining volume signals imminent Q4 volatility for $SUI.
$SUI Nears Critical $4.3 Resistance Level
The cryptocurrency market is buzzing with excitement as $SUI, the native token of the Sui Network, shows promising signs of a potential breakout. According to a recent analysis by CryptoBullet on X, the $SUI weekly linear chart indicates the token has touched its support line for the third time, setting the stage to test the $4.3 resistance level once again. With declining volume over the past year, Q4 2025 could bring heightened volatility, potentially driving $SUI to new all-time highs (ATH). A key catalyst highlighted is the upcoming launch of suiUSDe, the first Sui-native yield-generating stablecoin, developed in partnership with Ethena and SUI Group, slated for Q4 2025.
Ecosystem Strength Backed by Growing TVL
This development is poised to enhance liquidity and reduce reliance on external stablecoins, a move that could significantly boost the Sui ecosystem. The chart also reveals a symmetrical triangle pattern, suggesting a breakout is on the horizon, with analysts eyeing a potential climb to $10 if momentum holds. The recent SuiFest event and Momentum Finance’s surge to $400 million in total value locked (TVL) further underscore the ecosystem’s growing strength, with overall TVL surpassing $2 billion.
Investor Optimism Anchored in Partnerships
Investors are optimistic, with some attributing the anticipated price discovery to the suiUSDe launch and strategic partnerships. However, the market remains cautious, as historical support levels and resistance must hold to validate this bullish outlook. As $SUI hovers around $3.57, the countdown to Q4 volatility could redefine its trajectory. Stay tuned for more updates as the Sui Network continues to electrify the DeFi space.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.