SUI Bulls Aim Higher After Forming Strong Support Zone Above 3.35 Price Level

SUI bulls strengthen above $3.35 support, with rising demand and key indicators suggesting momentum toward the $3.50 level.

SUI has drawn market attention as bulls attempt to extend gains following the establishment of a support zone above $3.35. Traders are closely watching near-term resistance levels, while technical signals suggest continued upward momentum if the support holds firm.

SUI Price Action and Market Structure

The SUI price formed a major low near $3.20 before recovering to higher levels, creating stronger confidence in the short-term trend. Market analyst BitGuru noted that pullbacks occurred at $3.90 and $3.69, with buyers defending the $3.35 support. “If price holds above $3.35, momentum could build toward the $3.60–$3.80 range,” BitGuru stated.

The current movement follows a breakout from a falling wedge pattern, often linked with reversals in trend. This breakout was confirmed when the token retested the wedge’s support line, providing traders with additional confidence in upward potential. The market has since held steady above the breakout level, which has helped buyers regain control.

Resistance near $3.35 remains a key short-term barrier, and any decisive move above it could open the path toward $3.50. Moreover, a breakout past $3.50 could attract more buyers, pushing SUI into higher ranges. This zone now acts as the main focus for both short-term traders and long-term investors.

Growing Demand and On-Chain Strength

Beyond price movement, network activity has supported the bullish case for SUI. ToreroRomero noted that the token recorded “massive growth in new accounts over the last 7 days,” pointing to broader adoption. This rise in account creation signals growing engagement with the Sui ecosystem at a time when buyers are active.

Technical indicators are also favoring the bulls. SUI is trading above its 5-day and 10-day moving averages, which is a traditional bullish signal. The Relative Strength Index has moved higher from oversold levels, while the MACD has turned positive with a bullish crossover.

Market participants view $3.20 as the first level of support if selling pressure increases, while $3.00 is seen as the deeper base. Holding above $3.35 is viewed as crucial for sustaining momentum, especially as bulls look to break higher resistance levels. A failure to hold could result in consolidation, but for now, buyers remain in control.

Long-Term Investment Perspective

Investor interest in SUI has also been supported by strong fundamentals and institutional developments. Reports show that the total value locked in Sui’s DeFi ecosystem rose to $2.11 billion in the second quarter of 2025. Decentralized exchanges such as Cetus and Bluefin contributed large daily trading volumes, reflecting increased liquidity in the network.

Institutional activity has added further weight to the asset’s long-term case. Grayscale and 21Shares introduced products tied to Sui, while Fireblocks integrated support for its ecosystem. Analysts project bullish price targets, with expectations for SUI to potentially reach highs above $6.77 by the end of 2025.

Still, risks remain due to regulatory uncertainty in the United States and strong competition from Solana and Ethereum. Monthly token unlocks could also create price pressure in the near term. However, with growing adoption and a roadmap focused on AI and gaming integration, SUI continues to build a position as a notable blockchain asset.