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Sui Price Analysis – May 8
Sui price forecast shows buyers regrouping for a fresh push toward the $4.000 resistance level. Despite recent consolidation, bullish strength is returning as SUIUSD prepares for another breakout attempt. Right now it appears buyers might be getting the fuel needed to push higher.
Sui Token Key Levels
Support Levels: $3.200, $3.500
Resistance Levels: $3.800, $4.000
SUIUSD Long-Term Trend: Bullish (Daily Chart)
After breaking past $3.200 price area last month, SUIUSD entered a consolidation phase as sellers attempted to stall the rally. However, buyers have regained control, with the market now eyeing higher levels. The Bollinger Band indicates an initial breakout, with price action pushing above the mid-band—a sign of strengthening momentum.
The Momentum indicator confirms increasing bullish pressure, suggesting buyers are preparing for another leg up. If the current structure holds, a retest of $3.800 level is likely, followed by a potential push toward the $4.000 psychological barrier. With consolidation ending and bullish momentum rebuilding, SUIUSD appears poised for another upward move. Traders should watch $3.800 key level for confirmation—if buyers break through, $4.000 market zone becomes the next major target. Bears remain on the defensive as bulls take charge.
SUIUSD Short-Term Trend: Bullish (4-Hour Chart)
On the 4-hour chart, SUIUSD buyers are actively defending support levels, preventing deeper pullbacks. The Momentum indicator continues rising, reinforcing the bullish bias. A decisive break above $3.800 could accelerate buying pressure, opening the path to $4.000 key level. The Bollinger Band also shows bullish market getting stronger.
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