Sui (SUI) To See Mini Pullback? Key Harmonic Pattern Signals Downside Move

Date: Tue, June 10, 2025 | 05:20 PM GMT

The cryptocurrency market has made an impressive upside move over the last 24 hours, with Ethereum (ETH) leading the charge—bouncing over 7% and pushing past the $2700 level. This broad strength also lifted major altcoins, including Sui (SUI).

However, after hitting a 24-hour high of $3.54, SUI has now retraced to around $3.40. A closer look at the technical setup suggests a short-term cooling-off period could be on the horizon.

Source: Coinmarketcap

Bearish Cypher in Play

The 4-hour chart reveals that SUI has completed a Bearish Cypher harmonic pattern. This classic harmonic structure is often known for signaling a short-term correction before the broader trend continues. The pattern’s D-point completion aligns near the $3.54 level, which coincides with the 0.786 Fibonacci retracement—typically regarded as the potential reversal zone (PRZ).

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

If this harmonic setup unfolds as expected, SUI may see a minor dip toward the $3.29 level — the 38.2% Fibonacci retracement of the C to D leg — indicating a potential 7% drop from the current price. This zone often acts as a support area and a possible bounce point for price action.

What’s Next for SUI?

While the broader trend remains bullish across the altcoin market, the harmonic signal in SUI suggests a brief pullback could occur. Such a move would be considered a healthy correction rather than a breakdown. Traders should monitor the $3.29 area closely—any bounce from this level could reset the bullish momentum and open the door for higher targets.

On the flip side, if bearish momentum extends below the 38.2% level, traders may look at the 61.8% retracement around $3.14 as the next critical support zone.

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