SUI Price Resilience at $3.75 Signals Bigger Move Ahead, Say Analysts

5h ago•

bullish:

bearish:

According to CoinDesk Research, the SUI price surge has gained attention from global traders and analysts, as the token managed to recover from its support level near $3.75.

Based on CoinDesk Research’s latest technical data, SUI has climbed from $3.756 to $3.785, highlighting an increase of 0.77% even with volatile markets.

This upward movement is backed by strong trading activity and price stability, suggesting that SUI might be getting ready for a bigger breakout in the upcoming days.

SUI reached a high of $3.95 before it pulled back to trade near $3.75. Now, SUI is trading at a low of $3.71; this shows ongoing market fluctuations as both buyers and sellers are staying active.

Surge in Trading Volume Creates Solid Price Base

Traders saw a clear change in the market sentiment when the SUI price found strong support around the $3.75 level. This key level, which is backed by a sharp rise in buying activity, has exceeded the daily average by 46% and has triggered the recent SUI Price Surge.

SUI Price Surge — SUI Price Resilience at $3.75 Signals Bigger Move Ahead, Say Analysts 3

From 01:27 to 01:30, trading volume surged to over 300,000 units per minute, creating a strong base between $3.756 and $3.760. Analysts see this level as a reliable short-term safety net. A breakout followed; the price rose above $3.780 and settled at $3.785.

Earlier today, SUI traded at its highest price of $3.95 after it gradually moved through levels like, $3.92, $3.88, $3.86, and $3.80. It is now trading low to its key support range around $3.75.

The 24-hour trading volume has climbed to approximately $1.71 billion, a significant increase from recent sessions, showing market activity and growing interest in the Sui ecosystem

Metrics	Price	Sources
Current Price	$3.71	CoinMarketCap
Today’s Highest Price	$3.95	CoinMarketCap
Key Support	$3.73, $3.75	Binance
Key Resistance	$3.84- $4.21	CoinDCX
RSI	41.47	Brave New Coin
Short-Term Target	$4.21	Binance, CoinDCX
Long-Term Target	$5.00–$6.00 (if uptrend continues)	Binance, CoinDCX

SUI Rises as DeFi Growth and Bitcoin Bridge Boost Network Activity

Fundamentals have played an important role in the ongoing SUI price surge. DeFi features will be better as the Sui network is linking with BitVM and will soon launch Peg-BTC (YBTC); this will allow it to work more easily with Bitcoin.

There is a sharp rise in network activity along with these technical upgrades. In the past week, Sui network’s total value locked (TVL has increased by 38% and has reached $1.73 billion.

At the same time, trading volume on decentralised exchanges soared 177% to $609 million, which shows that users’ interest and engagement are growing

Market Volatility Persists, But Structural Indicators Stay Bullish

Even if the market is showing signs of instability, SUI’s technical structure has held steady. It traded around the range of $3.70 and $3.75. This range shows steady, controlled movement rather than sharp, panic-driven price swings.

During the late evening surge, the token rose by 1.9%, which added more weight to the SUI price surge narrative. This continued bullish momentum, despite the market Uncertainty, has shown a strong resilience and steady interest from buyers.

Stablecoin Growth and Funding Rates Reinforce Positive Sentiment

There has been a sharp rise in stablecoin activity, which has added to the speculations of a bullish signal. According to Brave New Coin, the stablecoin supply crossed the $1 billion mark on May 16, reflecting a remarkable increase of 218% over six months.

This inflow has strengthened the DeFi protocols and has depended and the liquidity across the Sui network. The stablecoins such as USDT, USDC, and USDY are playing an important role in powering the trading activity and supporting lending platforms within the ecosystem.

CoinGlass data shows that funding rates are staying positive, which indicates that most traders are expecting the prices to rise. Long positions continue to dominate the futures markets and have added further support to the bullish outlook for SUI.

Conclusion

The recent SUI price surge came from a mix of technical strength and growing network activity. The bullish trend is supported by the rising trading volume, total value locked, a firm hold near the support level of $3.75, and stablecoins.

For now, SUI price surge is sitting at a key level between a breakout and a possibility of pullback, so investors must watch the $3.75 support level and $3.85 resistance level closely.