- SUI bounced from a key support zone, setting up a potential breakout.
- Analyst Michaël van de Poppe says $3 is the level to beat for a bullish reversal.
- A push past $3 might trigger short liquidations and send the price climbing toward $4.
SUI might just be gearing up for something big—at least, that’s what crypto analyst Michaël van de Poppe thinks. The token’s been hugging a critical support zone for a while now, but after a recent bounce, things are looking… interesting. Not quite explosive yet, but definitely worth watching if you’re into altcoins that like to test nerves.
According to van de Poppe’s latest take, SUI’s showing some real potential for a bullish reversal. But—and it’s a big one—it’s gotta clear the $3 resistance first. That’s the line in the sand. Get above that, and we could be staring down the barrel of a short squeeze that shoots the price right back to $4.
A Break in the Clouds? Maybe
The chart backing all this up paints a decent picture. After what felt like an endless downtrend, SUI’s retesting a zone that’s acted like a trampoline in the past. Van de Poppe thinks this could be the start of a shift—especially if we get a clean break past $3. That would be a red alert for shorts, and if they get liquidated en masse, well… you know how that goes. Quick climbs, lots of noise.
He didn’t mince words either. “Strong support zone hit. Should be holding up on these levels,” he said, pointing out that $4 looks like a logical next stop if things heat up.
Traders Lurking Around That $3 Level
There’s some early optimism building in the altcoin world, and SUI is slowly sliding into the spotlight. It’s not all hype—there’s technical strength in the setup. The $3 level is where most traders have their eyes locked. If it gets breached and buyers pile in, we could see a serious momentum shift.
Right now, though, it’s still a waiting game. Will SUI make the move? Nobody’s certain—but the chart’s lining up, and the volume’s twitching. Next few sessions could be telling.