- SUI price holds firm at ascending support, a level that has sparked past rallies of 80–120%.
- Coinbase will launch SUI futures on October 20, a move expected to boost liquidity and institutional exposure.
- Key resistance sits at $4.5, with longer-term projections pointing toward $5–$7.5 if momentum continues.
SUI is back testing its trusted ascending support, the same line that’s sparked big rallies more than once this year. Each touch of that trendline has triggered strong rebounds, and traders are wondering if history is about to repeat itself. Right now, the price sits around $3.16, a little above that support, and charts are hinting at another possible push toward $4.5 resistance. With new institutional exposure also lining up, the setup looks even more interesting.
Price Action Points Toward Another Rally
Looking back, the pattern is hard to ignore. In April 2025, SUI bounced off the same line and rocketed 121% in just weeks. July saw the same story, with an 81% climb fueled by that very support. This time, projections suggest a potential 44% rally if momentum holds. The $4.5 zone remains the ceiling for now, but if bulls manage to flip it, the path could stretch toward $5 and beyond. Some analysts even flagged a possible cup-and-handle setup, with long-term forecasts pointing as high as $7.5 if things align.
Coinbase Futures Listing Adds Weight
Adding fuel to the story, Coinbase recently confirmed that SUI futures will go live on its derivatives platform starting October 20. Futures products tend to attract deeper pockets, as they bring better liquidity and more institutional-grade trading tools. That means SUI could soon find itself on the radar of larger players, not just retail traders. The timing here matters too — technical strength from the ascending support now lines up with a fundamental catalyst, making this setup feel a little more convincing than usual.
Outlook Moving Forward
SUI’s price is once again balancing on a critical level, and the combination of chart patterns with upcoming futures exposure paints a cautiously optimistic picture. If buyers hold the line, a fresh attempt at $4.5 looks likely, and clearing that level could set the stage for something bigger. For now, traders will be watching volume and momentum closely, since both will decide if this is another launchpad moment or just another bounce in the range.
