SUI Price Finds Strong Support As Buyers Seek Attention

SUI/USDT Price Analysis – September 24

SUI has shifted to a strongly bullish bias as the asset finds significant footing at a major support level. Following a sharp sell-off, the price has landed in a key technical zone where a confluence of classic buy signals is emerging. These indicators suggest that bearish pressure is exhausted and a significant rally could be imminent.

SUI/USDT Key Levels

Support Levels: $3.2137, $2.7984
Resistance Levels: $4.2469 $4.940

SUI/USDT Long-Term Trend: Ranging (Daily Chart)

SUI/USDT shows a market that has completed a full bearish rotation within its long-term range. After being rejected from the highs near $4.2469, the price has fallen directly to the critical intermediate support level at $3.2137. This area has historically served as a strong pivot for the market, and buyers appear to be stepping in to defend it once again.

Currently trading at $3.3796, the price is at a textbook reversal point. A powerful confluence of bullish signals is now in play. The price is simultaneously testing the horizontal support at $3.2137 and the lower Bollinger Band, which often acts as a dynamic floor in a ranging market. Critically, the Stochastic Oscillator is in oversold territory (20.82) and is on the verge of executing a bullish crossover. This combination—a bounce from major support and the lower Bollinger Band, confirmed by an oversold Stochastic crossover—represents a high-probability setup for a new uptrend.

SUI/USDT Short-Term Trend: Bullish (4-Hour Chart)

The 4-hour chart confirms that a bullish reversal is already underway. After the downtrend stalled at the $3.2137 support, the price has begun to form a new series of higher lows. The Stochastic Oscillator on this timeframe has already made a decisive bullish crossover from the oversold region and is pointing strongly upwards, confirming that the immediate momentum has shifted firmly to the bulls.

Make money without lifting your fingers: Start using a world-class auto trading solution 

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset, product, or event. We are not responsible for your investment results