Coinidol.com: SUI Recovers But Faces A $3.00 Hurdle

Sui's price has dropped significantly below the moving average lines, reaching a low just above the $2.00 support.

Previously, the altcoin traded sideways between the $3.00 support and below the $4.40 level.

Sui price long-term prediction: bearish

The altcoin fell sharply below its previous range, hitting a low of $2.00. Bulls capitalised on the dip, pushing the price back above $2.40. Although SUI has recovered, it is now facing resistance near the $3.00 level. If SUI breaks the $3.00 barrier and buyers maintain the price above the moving average lines, the bullish trend is likely to resume. Currently, the altcoin is trading above the $2.40 support and below the $3.00 resistance.

Technical indicators

• Key supply zones: $4.00, $4.20,$4.40

• Key demand zones: $3.00, $2.80, $2.60   

SUI price indicators analysis

The price bars have fallen well below the horizontal moving average lines. The 21-day SMA is below the 50-day moving average, indicating a bearish trend. The long candlestick tail above the $2.00 support suggests strong buying pressure at lower levels. On the 4-hour chart, the price bars are positioned between the downward-sloping moving average lines.

SUI/USD daily chart - October 14, 2025

What is the next move for SUI?

SUI's price has risen after breaking above the $2.40 support. The upward move is encountering initial resistance at the $3.00 level. In other words, SUI is trading above the $2.40 support but remains below the moving average lines and the $3.20 resistance. The price has retraced, now trading above the 21-day SMA support but below the 50-day SMA.

SUI/USD 4-hour chart - October 14, 2025

Disclaimer. This analysis and forecast are the personal opinions of the author. The data provided is collected by the author and is not sponsored by any company or token developer. This is not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by Coinidol.com. Readers should do their research before investing in funds.