Key Insights:
- SUI crypto holds above $2.25. A break above $2.28 daily close could ignite a strong bullish run toward $3.00.
- Whale activity surges as SUI bounces off $2.08–$2.025 support; bullish momentum building.
- Trading volume hits 128.28M USDT; sustained move above ATH positions SUI for $10 in the next alt rally.
Sui (SUI) crypto price has caught traders’ attention after breaking a key descending trendline and bouncing from strong support near $2.00.
With bullish patterns forming and trading volume rising, SUI is approaching the $2.28 resistance zone.
Market participants are watching closely as the token sets its sights on the $2.50 level, which could trigger a breakout toward $2.80 and possibly $3 if momentum and support hold.
SUI Crypto Price Breakout Signals and Chart Patterns Indicate Upside Potential
According to the 4-hour SUI/USDT chart, the price broke through a descending trendline that had maintained its position since February.
The price maintained its consolidation pattern at $2.00 to $2.15 throughout multiple days before its upward movement.
The market rose against the $2.28 resistance point, where traders analyzed for bullish signals.
Additionally, the ascending triangle formation in the market suggested an increased possibility for price growth.
The pattern and the trendline breakout indicated that bulls had taken control of the market. SUI closing above $2.50 with volume would have established $2.79 and $2.96 as upcoming targets.
Notably, SUI price rising above $2.50 could have attracted additional buying pressure that could boost market momentum.
Source: X
Since December 2024, SUI price has followed an established descending channel pattern on its daily chart while trading around its upper limit.
The TD 13 setup developed around $1.80 before the Sui price reacted. This strategy usually functioned as an indicator before major turnaround moments.
A potential start of trend reversal toward $2.60 or $3 could have occurred if SUI managed to break through the upper channel line.
Volume and Whale Activity Supported SUI Crypto’s Bullish Case
The price of SUI crypto had repeatedly maintained and rebounded from its support area between $2.00 to $2.08, so this region became essential for sustaining its bullish prospects.
The price would have started descending to $1.95 if it could not sustain above its resistance boundary.
The successful defence of support areas by buying pressure resulted in price stabilisation.
Whale accumulation had also increased, indicating rising interest from more prominent investors.
On-chain data had shown one whale alert in the previous seven days, with the price gaining more than 6% during that time.
The daily trading volume had reached $128.28 Million, suggesting strong market participation and growing investor confidence.
Binance users in their community prediction assessment forecast $2.254867 as the market price estimation for April 28.
The predicted price targets $2.254867 for April 28, indicating moderate short-term growth, while technical indicators showed potential for further, bigger profits if trading momentum exceeded specific resistance levels, accompanied by increased trading volume.
Mixed Moving Averages and Caution Around Short-Term Trends
The pattern of SUI price movement seemed optimistic during recent months, although long-term technical analysis suggested proceeding cautiously.
Technicals through both 50-day and 200-day moving averages indicated a downward market trend since the overall market reversal had not occurred yet.
For a bullish confirmation, the price needed to rise above the established moving averages and maintain this position.
The Relative Strength Index (RSI) was sitting between 30 and 70. This neutral range meant that the market was neither overbought nor oversold.
Because of this, many traders might have preferred to wait for more precise signals before entering new positions.
Source: X
A failure of SUI to surpass the $2.50 resistance zone would have led to further price movements testing both support zones at $2.15 and $2.00.
Price would have moved toward $2.80 and $3 when SUI broke above $2.50 and maintained substantial trading volumes.
The price structure will remain friendly towards buyers as long as the price maintains positions higher than crucial support zones.
