SUI Crypto Analyst Sees 37% Upside Potential

Crypto analyst Crypto Master 786 recently highlighted a promising setup for SUI, which is currently trading around $3.61. The analyst noted that the price is comfortably positioned within a key bullish re-accumulation zone, supported by both a Bullish Price Range (BPR) and a significant Order Block (OB). This positioning suggests a potential continuation rally, with the chart aligning toward higher targets. The analyst pointed to the 0.5 and 0.25 Fibonacci levels as key areas to watch for the next leg up.

Crypto Master 786 further broke down his analysis, highlighting several key technical insights that support a bullish outlook for SUI. He noted a Market Structure Shift (CH) that occurred back in April, describing it as a critical “change of character” that marked the beginning of a bullish reversal. Additionally, he applied Smart Money Concepts, noting that both the Order Block and Bullish Price Range zones are currently holding firm. This behavior often reflects institutional accumulation, as “smart money” tends to load positions at strategic price levels before a major move unfolds.

Adding to the bullish case, the analyst observed a Fibonacci Confluence, where the projected upward targets align neatly with the 0.5 and 0.25 Fibonacci levels, areas that also coincide with historical supply zones. Finally, his Volume Observation revealed that recent pullbacks on low volume are considered healthy retracements rather than bearish exhaustion. Together, these technical factors suggest that SUI may be building momentum for a continuation to the upside.

Crypto Master 786 also highlighted several key fundamental factors that could reinforce SUI’s promising technical setup and long-term outlook. At the forefront is SUI’s status as a high-performance Layer 1 blockchain developed by Mysten Labs, with scalability, speed, and low transaction fees that make it highly attractive for developers and users alike. He also emphasized SUI’s strong backing from top-tier investors, including names like a16z, Jump Crypto, and Binance Labs, signaling strong institutional confidence in the project’s future potential. Beyond funding, he pointed to the rapid growth of SUI’s developer ecosystem, noting the increasing number of DeFi, gaming, and NFT projects being launched on the network.

Additionally, the SUI Builder Grant Program is actively fostering innovation, providing support and resources to teams building on the platform. The analyst concluded that SUI is positioned for a strong move if it holds the current OB/BPR zone. With smart money signals, aligned technicals, and solid fundamentals, he sees a high-probability swing play with 37% upside potential.