Market Overview for Sui/Tether (SUIUSDT) on 2025-12-29

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Monday, Dec 29, 2025 7:29 pm ET1min read
SUI
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Aime RobotAime Summary

- SUIUSDT surged above 1.45 with a bullish engulfing pattern, confirming a potential reversal from bearish to bullish sentiment.

- RSI exceeded 60 and Bollinger Bands widened, signaling overbought conditions amid a $2.69M turnover spike during 02:15–07:15 ET.

- Price retreated to 1.4503–1.4529 support after hitting 1.5165, with key resistance at 1.4567–1.458 and Fibonacci 61.8% level at 1.458.

- Strong institutional participation and aligned price-turnover trends suggest potential for a 1.46–1.463 test, but risks of a pullback to 1.447–1.45 remain.

Summary
•

SUIUSDT
broke above 1.45 and formed a bullish engulfing pattern at 1.4435–1.4566.
• Momentum surged, with RSI climbing above 60, indicating potential overbought conditions.
• Volatility expanded significantly, with Bollinger Bands widening after a consolidation phase.
• Turnover spiked to $2.69M in the 5-hour window from 02:15–07:15 ET, confirming upward price action.
• Price retreated slightly near 1.4572, finding initial support near 1.4503–1.4529.

The SUIUSDT pair opened at 1.4582 on 2025-12-28 at 12:00 ET, surged to a high of 1.5165, dropped to a low of 1.434, and closed at 1.4572 as of 12:00 ET on 2025-12-29. Total 24-hour volume reached 18.60 million

SUI
, with a notional turnover of $26.89 million.

Structure & Formations


A bullish engulfing pattern emerged at 1.4435–1.4566, indicating a potential reversal from bearish to bullish sentiment. Strong resistance appears to be forming near 1.4567–1.458, where price has stalled after a sharp rally. A key support level was confirmed at 1.4503–1.4529 following a pullback in afternoon trading.

Moving Averages


On the 5-minute chart, the price has remained above both the 20 and 50-period MAs for much of the session, confirming a short-term bullish bias. On the daily chart, the 50 and 100-period MAs are converging, with price holding above the 200-period MA, suggesting medium-term strength.

Momentum and Volatility


The RSI climbed above 60, indicating overbought conditions, particularly during the 02:15–07:15 ET window when volume surged to 3.4 million SUI. MACD crossed above the signal line in the early morning, reinforcing bullish momentum. Volatility expanded sharply during the break above 1.45, with Bollinger Bands widening after a period of consolidation.

Volume and Turnover


Volume and turnover spiked during the 02:15–07:15 ET period, reaching a 24-hour high of $2.69 million in notional turnover. This suggests strong institutional or large-cap investor participation. Price and turnover aligned during the upward move, reducing divergence concerns.

Fibonacci Retracements

Fibonacci levels on the recent 5-minute swing from 1.434 to 1.5165 show key retracement levels at 38.2% (1.4765) and 61.8% (1.458). Price has pulled back to the 61.8% level, currently testing for a potential bounce. On the daily chart, the 50% retracement of the previous downwave remains at 1.45, a key area for near-term support.

Market action suggests SUIUSDT could test resistance at 1.46–1.463 in the next 24 hours, but risks of a pullback to the 1.45–1.447 zone remain if momentum wanes. Investors should monitor volume behavior near these levels for confirmation.