BlockNews
FOLLOW ON X
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
  • CRYPTO
  • FINANCE
  • POLITICS
  • MEMECOINS
  • NFT
  • TECHNOLOGY
  • OPINION
No Result
View All Result
BlockNews
Home CRYPTO

The Calm Before the Storm? SUI Prepares for Potential $10 Breakout After THIS Bullish Signal

by Drop Gorn
May 19, 2025
in CRYPTO, FINANCE, OPINION, SUI
Reading Time: 4 mins read
A A
4
SHARES
71
VIEWS
Share on XShare in TelegramShare on Reddit
  • Short-Term Pullback Expected Before Potential Rally: Following a robust surge to $4.29, SUI is showing signs of a short-term cooldown. Analyst Ali Martinez flagged a TD Sequential sell signal on the 3-day chart, suggesting a potential dip to the $3.00 – $3.50 support zone. However, if support holds, a renewed rally could push SUI higher.
  • Bullish Potential for $10 Target: Despite the bearish signal, the broader technical setup remains promising. Ascending triangles on the 4-hour chart indicate a possible breakout move. A decisive push above $4.50 could trigger a swift run to $4.80, with some analysts projecting a path to $10 in the coming weeks.
  • Short Pressure and Market Sentiment: Coinglass data shows short positions slightly outweighing long ones, with a long/short ratio of 0.9161. While some traders expect a pullback, a potential short squeeze could fuel further gains if bullish momentum returns, especially if SUI maintains support above $3.00 and breaks resistance at $4.80.

SUI, a rising altcoin, is sending mixed signals as analysts anticipate a short-term pullback despite a promising long-term outlook. Following a robust rally that took SUI to nearly $4.29, market watchers are eyeing a temporary correction before another bullish wave that could potentially propel the token toward double-digit territory.

TD Sequential Sell Signal: Cooling Off Before the Next Rally?

Crypto analyst Ali Martinez recently flagged a TD Sequential sell signal on the 3-day SUI chart. This indicator, known for predicting trend exhaustion, suggests that SUI’s recent surge may be ready for a cooldown. The expected pullback could see prices dip toward the $3.00 to $3.50 support zone — a level that has historically served as a springboard for upward momentum.

If support holds, bulls might look to re-enter, aiming to reignite a rally toward higher levels.

$SUI looks ready to pull back with the TD Sequential indicator presenting a sell signal on the 3-day chart! pic.twitter.com/AGJ8AomTCJ

— Ali (@ali_charts) May 18, 2025

Can SUI Target $10?

Despite the short-term bearish signal, the broader technical framework still leans bullish. Crypto Gems’ recent analysis pointed out ascending triangles on the 4-hour chart — a bullish formation typically seen ahead of breakout moves. If SUI manages to clear resistance at $4.50, analysts predict a swift run to $4.80. Surpassing this mark could confirm a broader bullish reversal, potentially setting the stage for a move toward $10 in the coming weeks.

Renowned trader Crypto Patel highlighted the strength of SUI’s recent rally, noting a 130% surge from his entry at $2.00 to a local high of $4.29. While Patel expects a healthy pullback to $3.00, he remains optimistic about the altcoin’s ability to resume its climb.

In Patel’s broader outlook, SUI could range between $5 and $20 over the medium to long term, depending on how well it maintains key support levels and attracts investor interest.

$SUI pumped 130% from our entry around $2 — now hitting $4.29! Bottom perfectly caught.

Expecting a healthy pullback to ~$3 before next leg higher — that zone is ideal for fresh entries.

Long-term targets: $5/$10/$15/$20#SUI #Altcoins https://t.co/cwdGCRdYLd pic.twitter.com/gIFzdosPrW

— Crypto Patel (@CryptoPatel) May 17, 2025

Short Pressure and Market Sentiment

Data from Coinglass adds another layer of complexity, showing a shift in sentiment. The long/short ratio for SUI currently sits at 0.9161, with short positions slightly outweighing long ones — 52.19% versus 47.81%. This skew suggests traders are preparing for a short-term decline, possibly fueled by profit-taking after the recent rally.

However, such positioning could also trigger a short squeeze if bullish momentum returns, pushing prices higher in a sudden move.

Will SUI Hold Support and Push Higher?

For SUI to decisively target $10, it must reclaim and maintain support above $3.00 while breaking resistance at $4.80. These technical zones will serve as key confirmation points, indicating whether the recent rally was a brief blip or the start of a sustained bullish run.

Investor sentiment remains cautiously optimistic, with some targeting an ambitious $20 price point. Rising volume, structural support, and sustained network activity suggest SUI may still be in the early stages of a larger breakout cycle.

Tags: $SUiAli MartinezCoinglasscrypto gemsCrypto PatelSui Network
Tweet1ShareShare
Previous Post

Cardano and Litecoin Team Up for DeFi: Hoskinson Confirms Collaboration

Next Post

HBAR’s Bullish Five-Wave Setup: Correction Phase Underway, Next Move Up?

DON'T MISS THESE! HOT OFF THE PRESS

Clarity Act Passes House: Cardano Eyes Commodity Status as New Crypto Rules Take Shape
CARDANO

Clarity Act Passes House: Cardano Eyes Commodity Status as New Crypto Rules Take Shape

July 18, 2025
$10 Trillion Asset Manager Charles Schwab Confirms Bitcoin and Ethereum Trading: Here is Why This is Bullish
BITCOIN

$10 Trillion Asset Manager Charles Schwab Confirms Bitcoin and Ethereum Trading: Here is Why This is Bullish

July 18, 2025
Crypto Liquidations Spike Near $1 Billion as Sentiment Flips Bearish: Here is What You Need to Expect
CRYPTO

Crypto Liquidations Spike Near $1 Billion as Sentiment Flips Bearish: Here is What You Need to Expect

July 18, 2025
Trump to Sign Landmark Crypto Regulation Bills: Here is What We Know
CRYPTO

Trump to Sign Landmark Crypto Regulation Bills: Here is What We Know

July 18, 2025
The Retail Crypto Comeback: Why This Time Feels Different
CRYPTO

The Retail Crypto Comeback: Why This Time Feels Different

July 18, 2025
$FARTCOIN Flares Up 24%—Whales Stir, Momentum Builds, and a Breakout May Be Brewing
CRYPTO

$FARTCOIN Flares Up 24%—Whales Stir, Momentum Builds, and a Breakout May Be Brewing

July 18, 2025
Load More

Related News

Clarity Act Passes House: Cardano Eyes Commodity Status as New Crypto Rules Take Shape

Clarity Act Passes House: Cardano Eyes Commodity Status as New Crypto Rules Take Shape

July 18, 2025
$10 Trillion Asset Manager Charles Schwab Confirms Bitcoin and Ethereum Trading: Here is Why This is Bullish

$10 Trillion Asset Manager Charles Schwab Confirms Bitcoin and Ethereum Trading: Here is Why This is Bullish

July 18, 2025
Crypto Liquidations Spike Near $1 Billion as Sentiment Flips Bearish: Here is What You Need to Expect

Crypto Liquidations Spike Near $1 Billion as Sentiment Flips Bearish: Here is What You Need to Expect

July 18, 2025
Trump to Sign Landmark Crypto Regulation Bills: Here is What We Know

Trump to Sign Landmark Crypto Regulation Bills: Here is What We Know

July 18, 2025
The Retail Crypto Comeback: Why This Time Feels Different

The Retail Crypto Comeback: Why This Time Feels Different

July 18, 2025
Twitter Telegram Threads

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin US Web3 X xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • HOME
  • CRYPTO
  • MEMECOINS
  • TECHNOLOGY
  • POLITICS
  • FINANCE
  • NFT
  • DEFI
  • GUIDES

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.