Sui Coin Surges Past $4 as Analysts Predict Rally to $9

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Sui (SUI), the native token of the Sui blockchain, has risen above the $4 mark, driven by strong price momentum and increased activity on its decentralized finance (DeFi) network. Analysts are closely watching its technical indicators, with some suggesting the token could test higher levels shortly.

SUI recently broke out of a descending triangle pattern that had limited its movement since January. Crypto analyst Ali, writing on platform X, described the move as a classic bullish continuation pattern. Based on Fibonacci models, he identified potential price targets at $5.36, $7.30, and $8.58. A key resistance zone sits at $4.20, with sustained momentum above that level considered critical for further gains.

The recent price action has been notable. After briefly dipping to around $3.56, SUI recovered to above $3.70 within hours. Analyst Nastia Vox attributed this to a liquidity sweep, a common market move that temporarily drives prices lower before a quick recovery. This rebound suggests buyers are defending key support levels.

Sui’s fundamentals have also strengthened. Total value locked (TVL) across DeFi applications on its network has increased by 42% since the beginning of 2025, according to data from DeFiLlama. Monthly DEX volume on Sui reached $10.3 billion in July, marking a 657% year-on-year growth and indicating rising user engagement beyond short-term speculation.

According to analyst ToreroRomero, Sui’s growing liquidity and use in DeFi make it more stable and appealing to institutional participants. About 564 million SUI tokens, roughly 16% of the total supply, are actively used in DeFi protocols, a sign of network maturity.

Crypto strategist Mr. APE noted that a key resistance level at $3.45 has now become a support base. This structural shift supports the view that the market could remain in an uptrend through the final quarter of 2025, if current conditions persist.

Technical data also backs the positive sentiment. On Binance’s trading platform, the Relative Strength Index (RSI) stands at 62.42, suggesting there is still room for upward movement without being overbought. The Moving Average Convergence Divergence (MACD) remains in bullish territory, and simple moving averages (SMA) for 7 and 200 days now stand at $3.89 and $3.22, respectively.

As of the latest data from Brave New Coin, SUI is trading at approximately $4.01, up nearly 10% in the past 24 hours. Resistance lies at $4.25, with support levels identified at $3.45 and $2.80.

While short-term fluctuations remain possible, Sui’s performance is drawing attention for both its technical breakout and steady growth in user participation. Market watchers will be monitoring whether the token can build on this momentum in the weeks ahead