In the last 3 days, SUI has seen a decline of around 4%, but rather than panic, one analyst believes this dip is actually a strong buying opportunity before the next major price rally.
A post by crypto analyst James 3.0 on X shows that SUI price is still holding within a larger bullish structure, and this small decline could be the final chance to enter before a sharp move upward. James wrote, “$SUI in the bigger picture. I’m personally targeting for at least $8 to $10 before taking profit from my spot position. This dip may be the last possible buying opportunity before it pumps back up.”
What you'll learn 👉
SUI Could Be Primed for a 3x Rally
The chart shared by James shows that the SUI price is currently ranging inside a descending channel. This pattern often signals a continuation of a larger trend after some short-term cooling. The current price is hovering around $3.3, but based on his analysis, a breakout from this channel could trigger a sharp rally toward the $8 to $10 region.
If this move plays out, it could mean a 200% increase from the current price, essentially a 3x return for those who buy at these levels. The analyst isn’t making any guarantees, but his post strongly suggests that SUI’s overall structure remains bullish and this short-term dip may be one of the last low-entry points before the next leg up begins.
Read Also: Here is When Pepe Price Could Reach $0.00001 or Explode to $0.0001
SUI Traders Watching for Momentum
With SUI still sitting below previous highs and maintaining a clean technical structure, many traders are beginning to watch it more closely. While no one can predict with certainty, the setup that James pointed out is catching attention because it aligns with a common breakout pattern.
For now, all eyes are on whether SUI can maintain support at current levels and break out of the descending channel. If that happens, the next few weeks could be explosive for the token.
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