Ціна SalmonationSUI

SUI Price Prediction: Targeting $2.20 Recovery by January 2025 Despite Short-Term Bearish Pressure

$SUI price surged by 6% in the past 24 hours, climbing to $1.70 after breaking out of a falling wedge pattern—a formation often linked to bullish reversals. The move comes shortly after a major investment firm expanded its crypto exposure to include $SUI, a decision that appears to have boosted investor confidence. With this boost, Sui has gained more than 20% in just two days, and its 24-hour trading volume has soared by 73%. The broader crypto market also traded higher during the same period, helping Sui extend its upside move. Why Is Sui Price Up Today? Sui’s impressive rally was fueled by several key developments that strengthened market sentiment. One major catalyst was the growing interest from institutional investors, which helped bring more attention to $SUI and supported its recent surge. Another significant boost came from Sui becoming available to New York residents on a major cryptocurrency exchange. Clearing regulatory requirements opened the door for a large new group of users to buy and trade the token, contributing to the positive reaction seen today. The overall crypto market also showed signs of recovery, with well-known assets like $BTC, $ETH, $SOL, and $DOGE posting solid gains. Even with the broader market rising, Sui outperformed many of its peers. Its recent token unlock event added more volatility and interest, further contributing to today’s price movement. $SUI Hits Record $2 Billion in 24-Hour Trading Volume Sui’s trading activity has surged, reaching an impressive $2 billion in 24-hour volume—its highest level in a month. The spike reflects growing participation and stronger momentum around $SUI. Higher volume often means healthier liquidity and can support further price growth if demand continues. Can Sui Break the $1.80 Resistance? At around $1.69, Sui continues to show strong momentum after bouncing off key support zones. The price is now approaching a major barrier at $1.80, a level traders are watching closely. A successful breakout above this zone could open the path toward the next target at $2.00. On the downside, important support levels sit at $1.60 and $1.50. As long as Sui stays above $1.60, the bullish outlook remains intact. Technical indicators back this trend. The Relative Strength Index (RSI) is currently at 63, showing healthy bullish momentum without being overbought. Meanwhile, the MACD has turned positive, with the trend lines showing continued favorable market sentiment.

🔥 $1.8B December Unlock Shockwave — Pump or Panic? 🤔💥 December brings one of the largest token unlock waves of the year, with more than $1.8 BILLION worth of supply entering the market. Such months often trigger sharp volatility, liquidity shifts, and major repositioning by whales. 🔓 Major Tokens Unlocking This Month: SUI • ENA • EIGEN • ASTER • APT • ARB • PUMP • ZRO ⚠️ Market Impact to Watch: • Short-term sell pressure may increase • Volatility expected in mid-cap altcoins • Whales likely accumulate quietly during dips • Liquidity may rotate toward stronger leaders (BTC, SOL, ETH, XRP) • December historically creates pullback → rebound → breakout cycles 📊 Market Forecast: Early December may generate downside liquidity traps, but strong liquidity absorption could trigger late-month recovery waves. This month has potential to offer ideal dip-entry opportunities before the 2026 expansion phase. ❓ Your View: Will December unlocks crash the market… or ignite the next rally? Share your thoughts below

$SUI SUI had a strong run earlier, tapping around 1.79 before cooling off. Price is now moving sideways near 1.69, holding above the shorter EMAs — still a sign the trend hasn’t fully flipped. Short-term momentum is stabilizing, and the indicators are slowly resetting. If buyers step in again, a push back toward 1.75–1.80 looks possible. If it slips under 1.62, then the chart may shift back into a deeper pullback. Checked across 1H and 4H — both show the trend is still alive but losing a bit of steam. Not financial advice, just sharing my view.