- SUI price gains 80% from accumulation zone near $0.50.
- Analysts highlight stronger structure after breakout above $1.
- $1.50 remains a key resistance area for SUI.
SUI price is trading near $1.16 after gaining around 80% from the $0.50 to $0.70 accumulation zone. The rally pushed SUI above the $1 level as market momentum improved. Analysts including Crypto Patel and CryptoBullet have highlighted the token’s stronger structure following the recent recovery.
SUI Price Strengthens After Breaking Key Resistance Levels
The SUI price structure improved after the token reclaimed the $0.90 to $1.00 resistance zone. The move confirmed a higher-low pattern after months of consolidation and increased buying activity.
Crypto Patel noted that SUI completed a major accumulation phase and maintained a stronger higher-low structure after the recent advance. He highlighted long-term levels around $10 and $20 while emphasizing the importance of the current trend.
The weekly Parabolic SAR has also flipped bullish, supporting the improving technical setup. The indicator moved below price after an extended bearish period, signalling a shift in the broader market structure.
The next important resistance area sits between $1.08 and $1.10. A sustained move above this zone could place $1.20 and the $1.40 to $1.50 region into focus.
SUI Price Technical Analysis Shows $1.50 Resistance Ahead
The SUI price technical analysis shows the token trading near recent highs after recovering from lower levels. Price broke above the $0.90 to $0.95 zone before testing resistance around $1.05 to $1.08.
CryptoBullet highlighted that SUI is approaching the May high resistance area near $1.30 to $1.40. The analyst pointed to this zone as an important level after the token’s strong recovery.
Raoul Pal also discussed SUI’s market structure, noting that the network’s liquidity conditions and ecosystem development have supported stronger price movements.
A daily and weekly close above $1.10 would strengthen the breakout structure. On the downside, $0.90 to $0.95 remains the key support zone, while a move below could expose support near $0.80 to $0.85.
SUI price momentum continues to develop as traders monitor whether the token can maintain its breakout above $1.
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.
