{"id":8135,"date":"2025-11-12T05:11:05","date_gmt":"2025-11-12T05:11:05","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/sui-eyes-key-retest-as-price-breaks-out-of-downtrend-rally-to-3-ahead\/"},"modified":"2025-11-12T05:11:05","modified_gmt":"2025-11-12T05:11:05","slug":"sui-eyes-key-retest-as-price-breaks-out-of-downtrend-rally-to-3-ahead","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/sui-eyes-key-retest-as-price-breaks-out-of-downtrend-rally-to-3-ahead\/","title":{"rendered":"SUI Eyes Key Retest As Price Breaks Out Of Downtrend \u2013 Rally To $3 Ahead?"},"content":{"rendered":"

Amid the recent market volatility, SUI is attempting to hold a key level as support following its breakout from a local resistance. Some analysts have suggested that if momentum holds, the altcoin could be preparing for a 50% rally to the next major resistance.<\/p>\n

SUI Recovers Major Support Zone<\/h2>\n

On Tuesday, SUI retested a crucial area as support after recovering from the recent market crash and breaking out of a one-month downtrend line. The altcoin traded between $2.30-$3.00 after the October 10 correction, when the cryptocurrency briefly crashed by over 87% to $0.50.<\/p>\n

However, the early November pullback sent the price below the local range and to seven-month low levels. Last week, SUI closed below the $2.00 barrier for the first time since April, briefly retesting the $1.80 area.<\/p>\n

After bouncing from this zone, the altcoin surged above $2.00, retesting this level as support over the weekend. As a result, SUI\u2019s price started the new week reaching a one-week high of $2.20 on Monday, before retracing alongside most of the market on Tuesday morning.<\/p>\n

Amid its recovery, analyst Ali Martinez recently highlighted that the TD Sequential indicator flashed a buy signal for the cryptocurrency, suggesting that the bottom could be in and a rally to higher levels is next.<\/p>\n

\"SUI\"<\/p>\n

The analyst later confirmed the buy signal, adding that \u201csustained buying pressure here could push it to $3 or even $4.\u201d Adding to the potential momentum, the Sui Network announced<\/a> a partnership between the exchange Crypto.com and the Sui Foundation, the organization behind the adoption and advancement of the ecosystem.<\/p>\n

According to the announcement, the exchange has launched regulated custody and liquidity support for SUI, giving institutions\u2019 clients \u201ca secure, compliant way to store, manage, and access deep liquidity for SUI.\u201d<\/p>\n

Downtrend Breakout Eyes 50% Rally<\/h2>\n

Offering a broader outlook, market watcher Daan Crypto Trades noted<\/a> that the cryptocurrency continues to trade within its big higher timeframe (HT) area, currently retesting a make-or-break zone.<\/p>\n

Notably, SUI has been hovering between the $2.00-$4.00 levels for most of the cycle, with the range\u2019s lower boundary serving as a major support zone since late 2024. Now, the price \u201cis holding initially on this higher low,\u201d but must show short-term strength to break out from this area.<\/p>\n

Per the post, the altcoin has also broken out of its one-month diagonal resistance, which could send the price back to pre-November pullback levels. Currently, SUI\u2019s price is retesting the downtrend line as support, which could turn the correction into a deviation and propel a move back above $2.30.<\/p>\n

\u201cThat’d be a solid sign of strength for me that this might be due for a larger reversal,\u201d the trader added. Similarly, analyst Crypto Kaleo highlighted<\/a> the recent performance, affirming that \u201cwhen SUI breaks out of a major downtrend, it rips.\u201d<\/p>\n

As he pointed out, the cryptocurrency broke out of similar downtrends during the May and July rallies, soaring more than 50% within a week. Therefore, if the altcoin holds the current levels, its price could jump to the $3.00 barrier in the short term.<\/p>\n

Nonetheless, he warned that the two previous breakouts also saw some volatility after the initial move, suggesting another retest of the downtrend line could happen before the next leg up.<\/p>\n

As of this writing, SUI is trading at $2.07, a 3.8% decline in the daily timeframe.<\/p>\n

\"sui,<\/p>\n","protected":false},"excerpt":{"rendered":"

Amid the recent market volatility, SUI is attempting to hold a key level as support following its breakout from a local resistance. Some analysts have suggested that if momentum holds, the altcoin could be preparing for a 50% rally to the next major resistance. SUI Recovers Major Support Zone On Tuesday, SUI retested a crucial…<\/p>\n","protected":false},"author":1,"featured_media":8136,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[114,1088,833,608,267,72,279,3162,588,589,337],"class_list":["post-8135","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-crypto-analyst","tag-crypto-bull-run-2025","tag-crypto-market-correction","tag-crypto-market-recovery","tag-crypto-trader","tag-cryptocurrency-market-news","tag-sui","tag-sui-breakout","tag-sui-foundation","tag-sui-network","tag-suiusdt"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/8135","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=8135"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/8135\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/8136"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=8135"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=8135"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=8135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}