Sui price is starting to turn heads again after crypto expert BATMAN shared a chart on X showing a familiar pattern setting up. According to him, the token has just tapped a key trendline for the third time, and in trading circles, that’s often where things get interesting. Known as the “third touch” or “triple tap,” this pattern tends to mark a potential turning point, especially when the level has held up before.
At writing, SUI is trading around $2.98. The weekly chart shows the SUI bouncing off a long-term rising trendline that’s been in play since August 2024. That trendline held strong during two previous dips, one in October and another in April, and it just got tested again in June. So far, buyers have stepped in each time.
There’s also a key horizontal zone between $1.80 and $2.30 that’s worth keeping an eye on. It acted as resistance late last year before flipping into support earlier this year. With SUI price holding above both that zone and the rising trendline, traders are now watching closely to see if this setup leads to a breakout in the coming weeks.
SUI Price Bullish and Bearish Scenarios
If the current bounce continues, the first price targets would be in the $3.50 to $4.00 area, where there are previous weekly highs.
The chart gives us a possible way higher if buyers are still interested in coming in at current levels. This would confirm the ascending trendline and add strength to the bullish case on the weekly chart.
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However, if SUI price breaks below $2.20 and closes below the trendline, this structure will be invalidated. In that case, a move toward $1.50 or lower would be possible, with the potential to shift sentiment more broadly.
Moreover, BATMAN described the setup as “solid,” pointing out the triple interaction with the trendline and referring to the saying “third time’s the charm.” His post has sparked interest among SUI holders and traders looking for long setups on higher timeframes.
As always, market direction will depend on confirmation through SUI price action and trading volume in the sessions ahead. Traders continue to monitor the structure for either a sustained bounce or a breakdown from the key level.
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