- $SUI’s symmetrical triangle fakeout signals bullish continuation, with recent downside probe shaking out weak hands ahead of expansion.
- Amid $144M token unlock selloff, $SUI holds $3.16 support; analysts eye $4,500–$6,000 targets on breakout.
- Catalysts like Coinbase futures and DEX growth counter pressure, positioning SUI for 2x gains in Q4 2025 bull cycle.
In the ever-turbulent crypto arena, technical patterns often whisper secrets before the market roars. Enter Sui ($SUI), the layer-1 blockchain darling that’s been coiling like a spring in a multi-year symmetrical triangle. A fresh analysis from veteran trader Mags (@thescalpingpro) spotlights a classic fakeout: a brief downside probe that shook out weak hands, now setting the stage for genuine upward expansion. As of September 30, 2025, with $SUI trading at $3.16—down 3.3% amid a $144 million token unlock selloff—this could be the detox before liftoff.1
Symmetrical triangles are textbook continuation patterns, forming during consolidation phases where buyers and sellers battle to a standstill. SUI’s chart, spanning from late 2023’s post-launch hype to today’s $11.3 billion market cap, traces higher lows and lower highs since peaking near $2.50 in early 2024. The recent dip below the lower trendline—dipping to $3.10—mirrors historical fakeouts in assets like SOL during its 2021 buildup, luring shorts before reversing sharply. Volume has tapered to $843 million daily, a telltale sign of impending volatility as the apex nears.
Fundamentals bolster the TA narrative. Despite the unlock pressure from 45.5 million tokens hitting circulation, positive catalysts abound. Analyst Michaël van de Poppe highlights three drivers: surging DEX volume on Bluefin (up 40% QoQ), Korea’s stablecoin payment integrations, and prolonged accumulation signaling ecosystem maturity. Coinbase’s fresh SUI futures listing adds institutional grease, potentially amplifying liquidity as ETF inflows pivot to alts amid BTC/ETH outflows. Sui’s object-centric model and Move language continue drawing DeFi innovators, with TVL climbing 15% to $1.2 billion last month.
Yet, risks loom: a sustained break below $3.00 could invalidate the bullish thesis, targeting $2.50 support. But with RSI rebounding from oversold at 35 and MACD flashing bullish divergence, the odds favor upside. Mags’ green box on the chart eyes $4,500–$6,000 initially, aligning with Fibonacci extensions from the 2024 low. In a bull cycle where layer-1s like SUI vie for SOL’s throne, this fakeout isn’t folly—it’s foreplay for a 2x–3x surge by Q4. For CoinCryptoNewz readers, watch the $3.40 resistance: crack it, and SUI’s real expansion unfolds. In crypto, patterns don’t lie—traders do. Position with conviction, but hedge the unlocks.
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.
