- SUI keeps getting rejected at the $4 resistance, showing sellers still control that level, but higher lows since April keep the broader uptrend intact.
- Key support to watch is $3.17 — a bounce here would confirm bullish strength, but failure could send price down toward $2.80–$3.00.
- Break above $4 could ignite a rally toward $5.40–$6.70, while a breakdown risks deeper correction before bulls regroup.
SUI has been climbing for months, but momentum just hit another snag. The token once again failed to punch through the stubborn $4 barrier, raising doubts about whether this rally has enough fuel left in the tank. Analyst Ali has his eyes locked on $3.17 — the line that could make or break SUI’s short-term trend.
Battle at the $4 Resistance
Every time price touches $4, sellers step in and kill the move, almost like clockwork. This latest rejection shows the market isn’t ready for a clean breakout yet. Still, the bigger picture isn’t all doom and gloom. Since April, SUI has been drawing a staircase of higher lows, hinting that bulls haven’t lost control completely. That rising trendline from spring is still intact and acting like the backbone of this rally.
Why $3.17 Matters
Ali points out that $3.17 is more than just another support level. It sits right on top of the trendline and matches Fibonacci retracement levels traders watch closely. A bounce here would keep the bullish case alive. But if $3.17 breaks, the door opens toward $2.80–$3.00, shaking out weak hands and flipping momentum bearish.
Bullish vs Bearish Scenarios
The outlook splits into two paths. If SUI holds $3.17, the battle shifts back to $4. Break that roof, and the rally could stretch toward $5.40 or even $6.70 using Fibonacci extensions. But if $3.17 fails, price likely heads lower first — maybe down to $2.80 — before bulls regroup.
Bigger Picture Still Intact
For now, SUI is trapped between two key lines: $3.17 support and $4 resistance. Until one side gives way, price action will likely stay choppy. Long term though, the setup still looks solid. Higher lows, more trading activity, and steady demand suggest the rally isn’t done — it just needs that decisive breakout to prove the next leg higher is ready.
