SUI Price Prediction for May 19: Can Bulls Hold the $3.80 Line as Consolidation Extends?

The SUI price today is trading around $3.82, showing a slight intraday gain of 0.54% as of the latest session. After an explosive surge earlier in May that drove SUI price above the $4.00 mark, the token has entered a consolidation phase, hovering just below resistance.

SUIUSD price dynamics (Source: TradingView)

This price behavior is typical of assets digesting sharp rallies, and traders are closely monitoring whether the current structure forms a continuation pattern or a topping formation. The consolidation range between $3.66 and $3.85 remains pivotal in determining the next leg of the SUI price action.

SUI price action holds above key support

SUIUSD price dynamics (Source: TradingView)

From the daily chart, the SUI price has established a higher low after bouncing from the $3.60 region, coinciding with a key horizontal support and the mid-levels of recent price accumulation. The trendline drawn from early May continues to offer dynamic support near $3.66. A sustained hold above this area could suggest further upside, while a breakdown could see SUI revisit the $3.20 demand zone, which marked the breakout zone earlier this month.

SUIUSD p…

The post SUI Price Prediction for May 19: Can Bulls Hold the $3.80 Line as Consolidation Extends? appeared first on Coin Edition.