Sui (SUI) Price Structure Mirrors Classic Wyckoff Setup – Rebound Ahead?

Date: Fri, May 30, 2025 | 06:40 AM GMT

After a rocky start to 2025 — where even Ethereum (ETH) dropped nearly 45% in Q1 — the broader crypto market has shown signs of strong recovery. Ethereum alone has surged 45% over the last 60 days, and this momentum has spilled into major altcoins, including Sui (SUI).

The Layer-1 token, rallied 50% in the past month, although it recently experienced a healthy 10% pullback. Still, zooming into the technical charts, there’s a compelling sign that this retracement could be part of a Wyckoff accumulation setup — signaling a possible bullish breakout ahead.

Source: Coinmarketcap

Wyckoff Phases in Action

On the 4-hour chart, SUI appears to be moving through a textbook Wyckoff Accumulation Phase — a pattern where smart money accumulates at lower levels before driving prices higher. The current dip into the “manipulation” (highlighted in red) aligns with the spring phase of Wyckoff theory, where weaker hands are shaken out before the true move begins.

Sui (SUI) 4H Chart/Coinsprobe (Source: Tradingview)

Earlier this month, SUI followed a similar pattern — dipping briefly before exploding 24% to the $4.20 zone. If this structure repeats, bulls may have another shot at a breakout rally.

What’s Next for SUI?

If SUI manages to hold $3.33 and break above the $3.69 resistance zone, it would signal the start of the distribution phase — the next leg in the Wyckoff model. A confirmed breakout above $3.69 could open the door to a retest of the previous high at $4.20.

But the real move comes if SUI clears $4.20 convincingly. That would set up the token for a rally toward the $5.00–$5.10 range, which aligns with the projected Wyckoff target — marking a potential 48% gain from current prices.

However, this bullish scenario hinges on one key condition: SUI must defend the $3.33 support zone. Losing that level could invalidate the entire Wyckoff setup and delay any upside moves.

Final Thoughts

Disclaimer: This article is for informational purposes only and not financial advice. Always do your own research before investing in cryptocurrencies.