SUI Bounces From $3.79 Support After 13% Weekly Gain

SUI has demonstrated resilience in recent trading sessions, holding key support at $3.79 following a 13.0% weekly gain, with the token currently trading at $3.87 [1]. The recent price action reflects sustained inflows and increased buying interest, reinforcing a bullish bias as traders monitor critical technical levels for continuation [1]. The price has moved beyond the retest of a fair value gap (FVG) near $3.33, a previously identified consolidation zone, before pushing higher toward the next major resistance at $3.99 [1].

Intraday trading against Bitcoin shows SUI at 0.00003258 BTC, reflecting a 3.1% rise over the past week [1]. The 24-hour price range has been defined between $3.79 and $3.99, with volume trends indicating continued market activity. Analysts have noted the significance of the $3.79 level in maintaining the current bullish structure on shorter time frames [1]. The broader support area around $3.33 has acted as a key reaction zone, where buyers have repeatedly pushed the price higher, and which overlaps with a prior accumulation and order block.

Twitter analyst @Cipher2X highlighted the progress, stating that SUI retested the FVG "perfectly" and is now showing a clear upward push, with inflows continuing to rise [1]. The next target cited is the all-time high of $5.3385, describing the move as "Moon Mode" [1]. This level, while distant, remains a critical technical benchmark, having previously capped price rallies.

The price has advanced approximately 20.15% from the recent low near $3.33 to the current level [1]. The retracement and rebound observed in recent sessions have provided a clearer range structure for traders, with defined support and resistance levels acting as key reference points. Each movement within this range contributes to the evolving market dynamics and helps shape expectations for future price behavior.

SUI’s ability to maintain above $3.79 supports the current bullish bias, with the immediate focus on the $3.99 resistance level. A successful break above this level could signal renewed momentum toward the $5.3385 all-time high, while failure to hold above $3.79 may trigger a retest of the $3.33 support block. Traders are closely watching these levels for further direction, as inflows and on-chain activity continue to reflect strong market participation.

Source: [1] SUI Holds $3.79 Support After 13% Weekly Gain, Eyes $3.99 Resistance (https://cryptofrontnews.com/sui-holds-3-79-support-after-13-weekly-gain/)