SUI price is trading around $3.16, and traders are watching closely for its next big move. Prominent analysts, Ali Martinez and Man of Bitcoin, have both shared fresh charts and tweets pointing to an upcoming support zone that could spark a strong rebound, if key levels hold.
What you'll learn 👉
SUI Wave-II Setup and Ideal Support Zone
Man of Bitcoin notes that SUI price is sliding along a rising trendline that’s been in place since April. The latest swing broke down from a contracting triangle and is now moving in a (C) wave toward a green “ideal support” zone between $2.95 and $2.64.
This area is packed with Fibonacci levels that traders watch for possible reversals: $2.955 is the 0.618 retracement, $2.756 is the 1.236 extension of the A-leg, and $2.647 sits at the 0.786 retracement.
For bulls, the key to changing the short-term picture is a 4-hour close back above $3.26. Without that, the price could drift lower, possibly testing $2.44, $2.30, $2.09, or even $1.72 if the green zone doesn’t hold.
SUI Channel Pattern and Fibonacci Roadmap
Ali’s SUI chart paints a similar picture. SUI is moving inside a descending parallel channel that’s been in play since August.
The top of this channel sits near $3.85-$3.95, while the lower boundary leans toward $2.85-$2.90. A midline around $3.30-$3.35 has repeatedly acted as a pivot where price action slows down.
$3 looks like a prime buy-the-dip zone for $SUI before a bounce to $3.80 and beyond! pic.twitter.com/4mpxsHmKD0
— Ali (@ali_charts) September 28, 2025
Major Fibonacci retracements also fall neatly at these levels: 0.786 at $3.358, 1.000 at $3.111, and 1.272 at $2.823. Ali mentioned this setup in his tweet, designating $3 as a “prime buy-the-dip zone” with potential to rally to $3.80 or higher if the midline becomes support.
Read Also: SUI Outpaces Solana, BNB, and Avalanche in Stablecoin Flow: Here’s Why It Matters
What Traders Are Watching Next
Both analysts focus on $3.26 as the near-term pivot. Staying below it keeps the chance of another lower low alive. A firm bounce in the $2.95-$2.64 region will mark a potential wave-ii bottom and the start of a new rally.
If buyers step in and push SUI price back over $3.26, the subsequent targets line up around $3.50-$3.90 and possibly the channel top at around $3.85-$3.95, setting up the next stage of the broader bullish trend.
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
