SUI Token Rises 1.60% Amid Bullish Patterns, Greece Partnership

The SUI token has been garnering attention as it stabilizes at $2.13, with investors eagerly anticipating a potential breakout towards the $3.00 level. This optimism is fueled by recent technical patterns, increasing liquidity, and a significant partnership in Greece, despite a challenging month. The formation of a falling wedge pattern, which is nearing its apex, has investors closely monitoring for a potential rally that could significantly alter SUI’s short-term trajectory.

After experiencing a month-long downtrend of over 7%, the SUI price has shown signs of recovery, rising 1.60% in the last 24 hours. The daily chart indicates a potential bullish momentum, with SUI coiling within a falling wedge—a technical setup that often precedes a breakout. The token recently dipped below the 38.20% Fibonacci retracement level at $2.20, which amplified bearish pressure. However, a quick recovery candle and a daily RSI bounce from the oversold zone suggest a possible trend reversal.

The super trend indicator remains bearish, with resistance at $2.65. A sustained breakout above this level could trigger a renewed uptrend targeting the $3.00 psychological resistance, aligning with the 23.60% Fibonacci level. Conversely, failure to hold above $2 could drag the SUI price toward the 50% Fib support at $1.68.

In a significant move for real-world adoption, Greece’s National Stock Exchange has partnered with the SUI blockchain to launch an on-chain fundraising platform. This initiative utilizes zero-knowledge (ZK) technology to ensure privacy and speed in capital markets, marking a major step in integrating blockchain into traditional finance. The collaboration with Mysten Labs highlights SUI’s growing appeal as a high-performance blockchain capable of handling institutional-grade applications. This partnership is expected to elevate the network’s profile globally, particularly among traditional financial players.

Adding to the bullish narrative, SUI’s stablecoin supply hit a record high of $746.81 million, up 99.82% in 2025 YTD. This surge in stablecoin liquidity reflects investor confidence and increases available capital within the SUI DeFi ecosystem, an essential component for future growth. Furthermore, according to the analyst's forecast, if SUI breaks above $2.90, the next stop could be $5, making the current accumulation zone highly attractive to speculative investors.

With over 3.24 billion SUI in circulation and a total supply capped at 10 billion, the SUI token is gaining traction from both technical and fundamental perspectives. The rising volume further supports the possibility of a near-term rally. If current momentum continues, 2025 may be a breakout year for SUI, especially with institutional adoption, increasing DeFi liquidity, and technical patterns suggesting an impending reversal.

The stage seems set for the SUI to make its next big move. With bullish cues from the wedge pattern, institutional partnerships, and surging stablecoin supply, all eyes are on whether the token can reclaim the $3 level. While the market still requires confirmation above $2.65, sentiment is leaning bullish. As always, traders should keep watch on volume spikes and RSI strength, but one thing’s clear: the SUI narrative is heating up.