TLDR:
- SUI price tests macro resistance with triangle breakout setting up near $3.78.
- Support lies at $3.39 and $3.52 if breakout fails to confirm this week.
- On-chain TVL surpasses $2B, showing strength across SUI’s ecosystem.
- Analysts eye $4.78 short-term target, with $10 long-term if trend holds.
Sui (SUI) is nearing a major technical breakout that could reshape its short-term market trajectory.
The Layer 1 blockchain has shown steady gains over the past week, and its chart now points to a bullish continuation pattern. Analysts note that a confirmed breakout could open the door to higher price targets.
Meanwhile, its rising Total Value Locked (TVL) and consistent performance across metrics position it as one of the leading Layer 1 projects. As SUI approaches a key resistance level, traders are watching for a strong weekly close to confirm the move.
SUI Price Chart Structure Points to Imminent Breakout
SUI’s price is currently testing the upper boundary of a macro triangle pattern, according to analysis shared by market watcher Rekt Capital.
The diagonal resistance line, which has limited upward moves for months, is now under pressure as bullish momentum builds. A breakout above this trendline could signal the start of a new rally.
SUI is on the cusp of a breakout from its Macro Triangle
It is one Weekly Close above the diagonal resistance away from kickstarting trend continuation to the upside
SUI continues to be a leader in terms of metrics across Layer 1s, with its TVL is over $2B now#BTC #SUI https://t.co/KV1kYkpCiC pic.twitter.com/WtiuMi0cnz
— Rekt Capital (@rektcapital) July 11, 2025
The chart shows the price nearing $3.78, a level that has held firm as resistance in prior months.
If the weekly close breaks above it, analysts expect a continuation toward the $4.78 mark. This breakout attempt is marked by increased buying pressure and recent bullish candles near the resistance zone.
If SUI fails to break above resistance, the $3.39 and $3.52 support zones may catch the next pullback. These levels, identified in the chart analysis, have held up in recent consolidations. They offer potential re-entry points for traders monitoring the breakout structure.
The consolidation within the triangle has narrowed over time, signaling a high probability of an upcoming directional move. So far, the trend remains intact as long as the price holds above the triangle’s lower boundary.
Technical Momentum Aligns With On-Chain Strength
Volume trends are another factor fueling the bullish narrative.
A surge in volume during the breakout would strengthen the case for upside continuation. Analysts believe the alignment of technical indicators and strong fundamentals enhances the setup.
SUI’s TVL has climbed past $2 billion, placing it among the top performers across Layer 1 blockchains. This on-chain growth supports the bullish chart structure and helps justify the price action.
$SUI is moving forward with confidence.
📈 Up 9.5% in the last 24 hours
📊 Over 20% gain in the past 7 daysThe chart signals a strong trend in the making.
While the market is quietly heating up, SUI is silently standing out.The $10 target isn’t out of reach for those who stay… pic.twitter.com/kkqlWpJHp2
— 𝙎𝙐𝘿𝙀𝙇𝙔𝙏𝙄𝘾 (@Sudelytic) July 11, 2025
According to Sudelytic, SUI has risen over 9% in the last 24 hours and more than 20% over the past week. This steady increase has caught attention in a market that’s slowly heating up. With the broader crypto space watching closely, some analysts believe a longer-term target near $10 could come into play if the trend holds.
At press time, SUI trades at $3.51 with daily trading volumes nearing $2 billion. All eyes now turn to the weekly close, which may determine whether the breakout confirms or delays.
