.
AltHunter Updates |
No Result
View All Result
  • Home
  • Hot News
  • Latest News
  • All About News
  • Bitcoin
  • Telegram
  • X
No Result
View All Result
AltHunter Updates |
No Result
View All Result
Home All About News

Here’s Why SUI At $3.61 Could Be the Calm Before A Parabolic Surge

AltHunter by AltHunter
May 29, 2025
in All About News, Hot News
0
Here’s Why SUI At $3.61 Could Be the Calm Before A Parabolic Surge
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.


Este artículo también está disponible en español.

In a recent tweet, prominent crypto analyst Crypto Master 786 highlighted a promising setup for SUI, currently trading around $3.61. According to the analyst, the price is sitting comfortably within a key bullish re-accumulation zone, supported by both a Bullish Price Range (BPR) and a significant Order Block (OB). 

This positioning forms a textbook foundation for a potential continuation rally. With the chart aligning toward higher targets, Crypto Master 786 pointed to the 0.5 and 0.25 Fibonacci levels as key areas to watch for the next leg up.

Technical Insights For An Upsurge

Further breaking down his analysis, the analyst delved into several key technical insights that support a bullish outlook for SUI. Firstly, he pointed to a Market Structure Shift (CH) that occurred back in April, describing it as a critical “change of character” that marked the beginning of a bullish reversal. 

Related Reading

He also applied Smart Money Concepts, noting that both the Order Block and Bullish Price Range zones are currently holding firm. This behavior, he explained, often reflects institutional accumulation, as “smart money” tends to load positions at strategic price levels before a major move unfolds.

SUI
An impending 37% rally for SUI | Source: Crypto Master 786 on X

Adding to the bullish case, he observed a Fibonacci Confluence, where the projected upward targets align neatly with the 0.5 and 0.25 Fibonacci levels, areas that also coincide with historical supply zones. 

Finally, his Volume Observation revealed that recent pullbacks on low volume are considered healthy retracements rather than bearish exhaustion. Together, these technical factors suggest that SUI may be building momentum for a continuation to the upside.

Why SUI Has Fundamental Strength Too

Crypto Master 786 also went further by highlighting several key fundamental factors that, in his view, could reinforce SUI’s promising technical setup and long-term outlook. At the forefront is SUI’s status as a high-performance Layer 1 blockchain developed by Mysten Labs, with scalability, speed, and low transaction fees that make it highly attractive for developers and users alike.

Related Reading

He also emphasized SUI’s strong backing from top-tier investors, including names like a16z, Jump Crypto, and Binance Labs, signaling strong institutional confidence in the project’s future potential. Beyond funding, he pointed to the rapid growth of SUI’s developer ecosystem, noting the increasing number of DeFi, gaming, and NFT projects being launched on the network. 

Additionally, the SUI Builder Grant Program is actively fostering innovation, providing support and resources to teams building on the platform. The analyst wrapped up by stating that SUI is positioned for a strong move if it holds the current OB/BPR zone. With smart money signals, aligned technicals, and solid fundamentals, he sees a high-probability swing play with 37% upside potential.

SUI
SUI trading at $3.67 on the 1D chart | Source: SUIUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

Related articles

ECB Approves Pontes, Appia to Settle DLT in Central Bank Money

ECB Approves Pontes, Appia to Settle DLT in Central Bank Money

July 2, 2025
Bitcoin Price Stuck in Range as BTC Traders Adopt “Wait-and-See” Strategy

Bitcoin Price Stuck in Range as BTC Traders Adopt “Wait-and-See” Strategy

July 2, 2025

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.


Este artículo también está disponible en español.

In a recent tweet, prominent crypto analyst Crypto Master 786 highlighted a promising setup for SUI, currently trading around $3.61. According to the analyst, the price is sitting comfortably within a key bullish re-accumulation zone, supported by both a Bullish Price Range (BPR) and a significant Order Block (OB). 

This positioning forms a textbook foundation for a potential continuation rally. With the chart aligning toward higher targets, Crypto Master 786 pointed to the 0.5 and 0.25 Fibonacci levels as key areas to watch for the next leg up.

Technical Insights For An Upsurge

Further breaking down his analysis, the analyst delved into several key technical insights that support a bullish outlook for SUI. Firstly, he pointed to a Market Structure Shift (CH) that occurred back in April, describing it as a critical “change of character” that marked the beginning of a bullish reversal. 

Related Reading

He also applied Smart Money Concepts, noting that both the Order Block and Bullish Price Range zones are currently holding firm. This behavior, he explained, often reflects institutional accumulation, as “smart money” tends to load positions at strategic price levels before a major move unfolds.

SUI
An impending 37% rally for SUI | Source: Crypto Master 786 on X

Adding to the bullish case, he observed a Fibonacci Confluence, where the projected upward targets align neatly with the 0.5 and 0.25 Fibonacci levels, areas that also coincide with historical supply zones. 

Finally, his Volume Observation revealed that recent pullbacks on low volume are considered healthy retracements rather than bearish exhaustion. Together, these technical factors suggest that SUI may be building momentum for a continuation to the upside.

Why SUI Has Fundamental Strength Too

Crypto Master 786 also went further by highlighting several key fundamental factors that, in his view, could reinforce SUI’s promising technical setup and long-term outlook. At the forefront is SUI’s status as a high-performance Layer 1 blockchain developed by Mysten Labs, with scalability, speed, and low transaction fees that make it highly attractive for developers and users alike.

Related Reading

He also emphasized SUI’s strong backing from top-tier investors, including names like a16z, Jump Crypto, and Binance Labs, signaling strong institutional confidence in the project’s future potential. Beyond funding, he pointed to the rapid growth of SUI’s developer ecosystem, noting the increasing number of DeFi, gaming, and NFT projects being launched on the network. 

Additionally, the SUI Builder Grant Program is actively fostering innovation, providing support and resources to teams building on the platform. The analyst wrapped up by stating that SUI is positioned for a strong move if it holds the current OB/BPR zone. With smart money signals, aligned technicals, and solid fundamentals, he sees a high-probability swing play with 37% upside potential.

SUI
SUI trading at $3.67 on the 1D chart | Source: SUIUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

Tags: CalmHeresparabolicSUISurge
ShareTweet

Related Posts

ECB Approves Pontes, Appia to Settle DLT in Central Bank Money

ECB Approves Pontes, Appia to Settle DLT in Central Bank Money

by AltHunter
July 2, 2025
0

The European Central Bank (ECB) has approved a two-track plan to settle distributed ledger technology (DLT) transactions using central bank...

Bitcoin Price Stuck in Range as BTC Traders Adopt “Wait-and-See” Strategy

Bitcoin Price Stuck in Range as BTC Traders Adopt “Wait-and-See” Strategy

by AltHunter
July 2, 2025
0

Key takeaways:Over $342.2 million in ETF outflows on July 1 and weaker futures activity show traders becoming more defensive. Bitcoin...

SEC greenlights Grayscale crypto index fund conversion to ETF

SEC greenlights Grayscale crypto index fund conversion to ETF

by AltHunter
July 2, 2025
0

The SEC is set to allow an index ETF holding crypto assets beyond bitcoin and ether to start trading in...

SEC approves Grayscale’s multi-crypto index ETF: XRP, SOL, ADA to gain

SEC approves Grayscale’s multi-crypto index ETF: XRP, SOL, ADA to gain

by AltHunter
July 2, 2025
0

After the SEC’s approval of Grayscale crypto index ETF, Bitwise could be next.  Individual ETF greenlight for XRP, SOL, and...

WEMADE & Redlab Unleash Web3 MMORPG – Global Pre-Registration Open for Aug 2025

WEMADE & Redlab Unleash Web3 MMORPG – Global Pre-Registration Open for Aug 2025

by AltHunter
July 2, 2025
0

WEMADE and Redlab Games are excited to announce the start of global pre-registration for , the anticipated Web3 MMORPG, now available on the WEMIX PLAY platform and...

Load More
  • Trending
  • Comments
  • Latest
The investor’s guide to the DESK perps trading airdrop

The investor’s guide to the DESK perps trading airdrop

March 25, 2025
Drink-to-earn? A new sparkling water comes with an NFT and points

Drink-to-earn? A new sparkling water comes with an NFT and points

May 8, 2025
Execs expect patient SEC after SOL futures launch, more altcoin filings

Execs expect patient SEC after SOL futures launch, more altcoin filings

March 26, 2025
Mysten Labs’ Walrus could reshape decentralized gaming and apps

Mysten Labs’ Walrus could reshape decentralized gaming and apps

March 26, 2025
XRP, DOGE Rise, Ether Burn Falls to Record Low as Traders Eye This Week’s U.S. Data

XRP, DOGE Rise, Ether Burn Falls to Record Low as Traders Eye This Week’s U.S. Data

0
Trump Family-Linked World Liberty Snaps Up 3.54M MNT Tokens After Mantle’s Hard Fork

Trump Family-Linked World Liberty Snaps Up 3.54M MNT Tokens After Mantle’s Hard Fork

0
Philippines’ Largest Digital Wallet GCash Adds USDC Support

Philippines’ Largest Digital Wallet GCash Adds USDC Support

0
XRP Could Hit $10 by 2030 as Ripple Wraps Up SEC Case: Analyst

XRP Could Hit $10 by 2030 as Ripple Wraps Up SEC Case: Analyst

0
ECB Approves Pontes, Appia to Settle DLT in Central Bank Money

ECB Approves Pontes, Appia to Settle DLT in Central Bank Money

July 2, 2025
Bitcoin Price Stuck in Range as BTC Traders Adopt “Wait-and-See” Strategy

Bitcoin Price Stuck in Range as BTC Traders Adopt “Wait-and-See” Strategy

July 2, 2025
Crypto ETF Guidance: What the SEC Now Requires From Issuers

Crypto ETF Guidance: What the SEC Now Requires From Issuers

July 2, 2025
SEC greenlights Grayscale crypto index fund conversion to ETF

SEC greenlights Grayscale crypto index fund conversion to ETF

July 2, 2025

About Us

Welcome to AltHunter Updates, your premier source for the latest cryptocurrency news, market trends, and expert insights. We are dedicated to providing up-to-date, accurate, and in-depth analysis of the fast-evolving world of digital assets.

Categories

  • All About News
  • Bitcoin
  • Hot News
  • Latest News

Recent News

  • ECB Approves Pontes, Appia to Settle DLT in Central Bank Money
  • Bitcoin Price Stuck in Range as BTC Traders Adopt “Wait-and-See” Strategy
  • Crypto ETF Guidance: What the SEC Now Requires From Issuers

Copyright © 2025 AltHunter Updates.

  • Home
  • Hot News
  • Latest News
  • All About News
  • Bitcoin
  • Telegram
  • X

Copyright © 2025 AltHunter Updates.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok