- SUI faces short-term price pressure but remains in a crucial support zone.
- Analysts predict a potential rebound toward $7.63 by late 2025.
- Diverging forecasts highlight uncertainty in SUI’s long-term trajectory.
Sui (SUI) is currently trading at $3.46, a 4.83% depreciation during the past 24 hours. Even the trading volume has weakened, reducing by 8.82% to $1.38 billion, and the token has shed 10.64% during the past week.
The pullback is blamed on a general slowdown in trading activity, with investors temporarily hedging their bets until they get firmer directions before building up positions. Prices are right in the middle of what analysts refer to as a “golden volume zone,” a threshold technically significant for accumulation.
Market Sentiment Supports Bullish Case for SUI
Crypto analyst CryptoPulse noted that the SUI pullback into the area of $3.50 would be a good entry point for the long-term holders. “The price reverses into that golden volume area around $3.50, precisely where we want. From there, we wait for fundies and buy volume to come back out. Once they do, that’s when we pound it tough for the next move up,” noted the analyst.
This view argues that even on a short-term weakness, SUI may be setting the stage for an upside move in case of a pickup in buying activity. Technical analysts usually view such retracements as customary movements before a new upsurge, especially when aided by overall market sentiment.
Also Read | SUI Failed to Attempt $4, Eyes Key $3.17 Support Zone
Investor Sentiment Driving Recovery
DigitalCoinPrice is forecasting the token can gradually rise, even higher than its previous all-time high of $5.35, towards $7.43 and even $7.63 by year’s end. Such a rally would be a notable recovery from its current levels, which would be a good sign of solid investor sentiment.
Changelly’s forecasts are less bullish. According to their analysis, the coin could be trading in a narrower range in 2025, bottoming at $2.65, a high of $3.10, and a mean of $3.55. For August of 2025, in particular, analysts predict possible swings ranging from $2.46 to $3.55, which would be in sync with a conservative possible ROI of up to 219.8%.
Also Read | SUI Price Targets $3.90 Breakout as Bullish Sentiment Surges
