SUI price Archives - Coin Engineer

SUI Price Targets $5 Amid AMINA Deal and $500M Backing

Yeliz Akmaca — Wed, 06 Aug 2025 13:00:18 +0000

SUI has once again become the center of attention. The AMINA Bank partnership and $500 million funding signal a strong foundation for price action. However, the $3.50 level has become a technically critical threshold.

The recent rapid growth has increased on-chain activity and shifted investor sentiment. AMINA Bank, the first regulated Swiss institution, has started offering custody and trading services for the SUI token. This development has built a solid bridge between traditional finance and crypto.

Meanwhile, the $500 million treasury funding provided by Mill City Ventures has strengthened the project’s long-term growth plans. With this support, 1.28 million new user accounts were created in just 24 hours. The total number of addresses has exceeded 257.9 million.

According to Binance data, 70.8% of investors in SUI futures are in long positions. The long/short ratio stands at 2.42, indicating continued bullish sentiment among investors.

On the other hand, open interest dropped to $699.6 million, revealing waning speculative interest. Additionally, the weighted market sentiment has declined to -0.655. Conversely, the social engagement rate rose to 0.973%. These conflicting metrics create uncertainty over short-term direction.

What Do Technical Indicators Say? SUI Trapped Below VWAP

SUI is currently consolidating just below the $3.50 resistance. This level aligns with the VWAP line and a previously supportive region. At this structurally pivotal point, buyers are preparing for a strong breakout.

Meanwhile, a recovery in short-term EMA levels indicates an effort to stabilize price. Still, sustained movement above $3.50 is needed to confirm a clear direction.

According to crypto analytics platform CryptoPulse, the current structure represents an accumulation zone. However, only a breakout above this resistance will confirm a short-term uptrend.

$SUI has pulled back right into the sweet spot.
Price just hit the VWAP average and is sitting directly on structural support around $3.50. This is exactly where we’ve been waiting to step in.

SUI continues to gain recognition across the space and has the structure of a project… pic.twitter.com/f6lVqegA2I

— CryptoPulse (@CryptoPulse_CRU) August 4, 2025

The current setup shows descending highs after rejection from $5.25, indicating that bulls are regrouping just below the key threshold. If $3.50 is breached, the price is expected to move toward $4.00 and then $5.00.

Moreover, strong on-chain activity and institutional backing reinforce the long-term outlook. However, caution is advised in the short term.

With solid partnerships and funding, SUI is reinforcing its foundations. Still, short-term direction depends on the $3.50 resistance. Until this level is broken, the market will remain in wait-and-see mode.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post SUI Price Targets $5 Amid AMINA Deal and $500M Backing appeared first on Coin Engineer.

SUI Breaks the Downtrend: Is a New Rally on the Horizon?

Yigit Taha OZTURK — Thu, 03 Jul 2025 12:00:37 +0000

While the cryptocurrency markets continue to move in a volatile pattern, some altcoins are beginning to signal potential bullish momentum. One of the standout names making waves recently is SUI, drawing renewed interest from investors after a significant technical breakout.

The break above the descending trendline on the 4-hour chart may be an early sign of a stronger upward movement for SUI.

Downtrend Broken, Resistance Levels Falling One by One

Following the breakout, SUI surpassed the crucial $2.88 resistance level and climbed all the way to $3. This move not only broke a psychological barrier but also signaled potential for further upward price action. If $2.88 now holds as support, it could lay the foundation for a sustained bullish move.

Is the $3.25 Target Within Reach?

All eyes are now on the $3.19–$3.25 price band. Given the current momentum and technical structure, a move towards this range appears plausible. However, this scenario depends heavily on whether the $2.88 support level holds.

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If SUI fails to maintain that support, a pullback toward the previously broken trendline is likely. As such, the $2.88 level remains a critical threshold in the short term.

SUI/USDT pair 4-hour chart.

Market Sentiment Adds Fuel to the Fire

A general recovery across the crypto market is further supporting technically strong coins like SUI. Trend breakouts often serve as early indicators of larger bullish runs, and SUI seems to be aligning with that narrative.

Investors would be wise to keep a close eye on key technical levels to properly assess and seize potential opportunities.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post SUI Breaks the Downtrend: Is a New Rally on the Horizon? appeared first on Coin Engineer.

SUI at a Crossroads: Rebound or Breakdown?

Yigit Taha OZTURK — Mon, 26 May 2025 15:30:43 +0000

As crypto markets continue to move on shaky ground, certain altcoins are standing out with their sharp short-term price movements. SUI has recently emerged as one of these assets, catching investor attention with its response to key technical levels.

How price behaves near support and resistance zones may directly influence trader sentiment and strategy.

3.57$ Support Reclaimed

After losing the 3.57$ support, SUI dipped to as low as 3.41$. However, the drop was short-lived. The price quickly recovered and managed to reclaim the support zone, now hovering around the 3.57$ mark once again.

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If this level holds, a potential move toward the 3.83$ resistance remains on the table. The technical outlook supports the possibility of further upside if buying momentum continues.

Break Below Could Trigger Deeper Pullback

On the flip side, should SUI fail to maintain the 3.57$ support, a deeper correction may be in store. This would likely increase selling pressure and result in a bearish short-term structure.

SUI/USDT pair 4-hour chart.

Traders are advised to closely monitor both the support zone and any attempt to break through the resistance above.

The post SUI at a Crossroads: Rebound or Breakdown? appeared first on Coin Engineer.

SUI Price Plunges After Cetus Hack, All Eyes On Key Support

Yigit Taha OZTURK — Thu, 22 May 2025 13:30:14 +0000

After a relatively calm period, the crypto market is once again shaken — this time by a hack targeting Cetus Protocol. The incident has sent shockwaves through the SUI price chart, reminding investors how fragile support levels can be in volatile markets.

Cetus Protocol Breach Pressures SUI: $4.01 Support In Jeopardy

Following the news of the security breach, SUI witnessed sharp selling pressure and is currently attempting to hold above the crucial $4.01 support. Analysts warn that if this level is lost on a 4-hour close, the price may retreat further to the $3.83 support.

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Increased trading volume in recent hours signals that this level is under heavy scrutiny. A confirmed breakdown could open the door to further downside pressure.

Recovery Scenario: Targeting A Move Toward $4.20

Still, if $4.01 holds and buyers regain control, a short-term rebound is possible. In such a case, a recovery move toward $4.20 is likely. Technical indicators suggest an increased probability of testing this level again if support remains intact.

SUI/USDT pair 4-hour chart.

The coming hours could prove pivotal for SUI, as traders await confirmation of either a breakdown or a bounce from support.

The post SUI Price Plunges After Cetus Hack, All Eyes On Key Support appeared first on Coin Engineer.

SUI Continues Bullish Momentum: Is 3.21$ the Next Target?

Yigit Taha OZTURK — Wed, 23 Apr 2025 17:30:53 +0000

SUI has broken out of a prolonged downtrend, triggering a solid bullish move. After retesting the broken trend line and bouncing strongly, the coin is now moving upward without any significant pullback, gaining the attention of traders.

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3.21$ Resistance in Sight, FVG Zone Offers Support

If this upward momentum continues, SUI could aim for the next resistance level at 3.21$. In the event of a correction, the Fair Value Gap (FVG) zone formed during the recent rally could act as a key short-term support area. Holding this support would be essential to maintain the current bullish trend.

All eyes are now on the 3.21$ breakout, which could signal the continuation of this strong momentum. Traders should closely monitor these technical levels.

SUI/USDT pair daily chart.

The post SUI Continues Bullish Momentum: Is 3.21$ the Next Target? appeared first on Coin Engineer.

New ETF Application from Canary for SUI!

Yigit Taha OZTURK — Mon, 17 Mar 2025 18:42:06 +0000

A significant development has emerged in the world of crypto investments. Canary has officially submitted an S-1 filing with plans to launch an ETF (Exchange Traded Fund) based on the SUI token. This move could offer crypto investors a safer and more accessible way to invest in SUI, through a regulated financial product.

This ETF application reflects Canary’s intention to position the SUI token as a more visible and attractive investment vehicle among crypto assets. In recent months, SUI has gained notable attention from investors, emerging as a key asset in their portfolios. With this step by Canary, SUI will be presented to investors as a tradable, regulated, transparent, and liquid asset on the stock exchange.

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The approval of the ETF application is expected to contribute to the growth of the SUI ecosystem, shaping it as a new financial instrument for both retail and institutional investors. Canary’s move is set to expand investment opportunities for the crypto community and increase the reach of SUI to a broader audience. Additionally, with the regulatory framework of an ETF, SUI will be traded under stricter security and oversight, making it an appealing option for institutional investors.

Meanwhile, following the news, the SUI token has surged by 3%, reaching $2.35. This price increase signals growing market interest in the token and potential optimism surrounding the ETF application.

SUI/USDT 5-minute chart.

The post New ETF Application from Canary for SUI! appeared first on Coin Engineer.