SUI Price Forecast: SUIUSD To Retest Its All-Time High

SUI Price Forecast: January 22

The SUI price forecast suggests that the market may be preparing to surpass its all-time high (ATH) of $5.3640. Bulls are gearing up for a second retest of this level, anticipating a breakout.

SUI Long-Term Trend: Ranging (Daily Chart)
Key Levels

Resistance Levels: $5.7550, $5.3640
Support Levels: $4.3000, $3.3840
SUI bulls remain in control of the market, with momentum originating in the last quarter of 2024 and persisting until now. While there has been some resistance from sellers, the bullish force continues to dominate, ensuring the coin remains in an overall uptrend. SUIUSD reached a new all-time high of $5.3640 on January 4.

SUI Price Forecast: SUI/USD Outlook

After breaching the $3.3840 key level, the market began to maintain a gradual upward slope due to increasing resistance from sellers.

Bulls are firmly in charge, pushing the coin to its all-time high of $5.3640. A second retest at this ATH is expected to drive the price even higher.

The Elders Force Index (EFI) power line predominantly remains above equilibrium, highlighting bullish dominance. Meanwhile, the Parabolic SAR indicator is positioned above the daily candles, reflecting the initial rejection at the ATH.

SUI Medium-Term Trend: Bullish (4-Hour Chart)

On the 4-hour chart, the market shows a brief consolidation phase between the $4.3000 support level and $4.9500 resistance. This consolidation is likely a temporary pause for bulls to build momentum before driving toward and breaking the ATH. The Parabolic SAR indicator remains above the candles as the price retraces to the support level.
The EFI power line on this timeframe fluctuates around the zero level, confirming the current market consolidation. SUIUSD is also at a critical confluence of the $4.3000 support and its uptrend line, which is expected to strengthen the market against any sudden price declines. Crypto signals suggest monitoring these key levels closely for signs of a breakout.

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