- Sui broke above $2.75 resistance and could soon test $3+.
- A $653M token unlock between Oct 27–Nov 3 may cause short-term swings.
- Analysts project long-term growth with SUI potentially reaching $9 by 2025.
Sui (SUI) has started turning heads again after finally breaking through that tough $2.75 resistance level — a zone it’s struggled with for weeks. The breakout has stirred up fresh optimism across the market, with many analysts now predicting a run past $3 in the short term. It’s a promising setup, though, like most things in crypto, it comes with a few wild twists.
Traders watching SUI’s chart have noticed something interesting forming — a bullish ascending triangle, a pattern that typically appears before a major upward move. With activity in the Sui ecosystem heating up and more users engaging with the network, many believe this might just be the beginning of another strong rally.
Technical Setup: Triangle Points Toward Bullish Breakout
Zooming in on the 4-hour SUI/USDT chart, you can see the ascending triangle take shape pretty clearly — higher lows climbing toward a flat ceiling at $2.75. It’s the kind of formation that usually signals accumulation before a breakout. If Sui can flip that resistance into solid support, the next stop could be $3, and possibly higher if momentum keeps rolling.
Recent candlestick data from late October shows a gradual increase in buying pressure, especially among short-term traders. That’s a good sign, but analysts are quick to remind everyone that patterns alone don’t guarantee a pump. Still, when you combine the bullish chart with growing developer activity and community engagement, the setup looks strong.
Traders are keeping one eye on the charts and the other on short-term volatility — trying to time entries as SUI’s price tightens near the apex of its triangle.
Market Watch: Token Unlock Could Shake Things Up
Even with all the hype, there’s one major event to keep an eye on. Between October 27 and November 3, Sui will see a $653 million token unlock, releasing a big batch of coins into circulation. That’s a lot of liquidity entering the market, and these events often bring short-term turbulence.
At the time of writing, SUI trades around $2.62, down about 2.4% in the past 24 hours, a small dip that could be linked to early market positioning ahead of the unlock. Historically, unlocks like this attract both speculative traders and opportunistic buyers looking for dips — so we might see some volatility before things stabilize again.
Seasoned traders often see these events not as red flags but as buying opportunities, especially if the long-term trend stays intact. Watching trading volume and sentiment indicators during this period could reveal whether the broader market remains confident in Sui’s next move.
Big Picture: Ecosystem Expansion Keeps Momentum Alive
Beyond short-term price moves, the Sui network itself continues to grow rapidly. Some analysts are even projecting the SUI price to reach $9 by the end of 2025, driven by increasing developer adoption, expanding partnerships, and its parallel-processing Layer-1 architecture — one of the fastest in the industry.
Sui’s market cap now sits near $9.5 billion, inching closer to that $10B milestone. The ecosystem’s partnerships — including collaborations with PEAQ and other Web3 projects — show that the blockchain is positioning itself as a serious player in decentralized physical infrastructure and high-performance dApps.
Community engagement remains one of Sui’s biggest strengths. Daily campaign streaks, open developer initiatives, and consistent cross-chain collaborations all point to a project that’s not just surviving, but actively building for the next phase of Web3.
Final Take: Sui Holds Its Ground Amid Short-Term Volatility
Sui’s breakout above $2.75 marks a key moment that could lead to another strong rally, though traders should stay cautious of short-term volatility around the upcoming unlock. Still, with a strong ecosystem, growing community, and bullish technical structure, SUI looks well-positioned among top Layer-1s heading into the final stretch of 2025.
If it can hold above support and break cleanly past $3, the next leg up might just confirm what many are already thinking — that Sui’s bull phase may only be getting started.
