Is SUI Price Gearing Up for a Move to $6.00? Here Are the Key Levels to Watch

The crypto world is keeping a close eye on SUI right now, watching how its price moves up and down. Top analyst Crypto_Jobs revealed on X (formerly Twitter) how strong SUI looks at the moment. He showed some charts and talked about where the price might stop falling or start rising, thinking it could reach $6.00. Crypto_Jobs charts show some interesting patterns that could tell us where SUI’s price might go next.

The daily chart reflects a consistent upward trend, with SUI maintaining its position above a critical purple trendline. Price action indicates continued bullish sentiment, with the token trading above the Ichimoku cloud—a sign of ongoing strength. Analysts have identified key support levels at $4.00, $3.950, and $3.420, while resistance levels are outlined at $4.588, $4.765, and $4.800.

The tweet from Crypto_Jobs also highlights the importance of SUI’s price holding above the $4.00 mark to maintain its bullish structure. This psychological support level has been tested multiple times, showing resilience and buyer interest. Should the price remain above this zone, the token may continue its upward trajectory, with $6.00 as the next target in the coming weeks.

Image Source: X/Crypto_Jobs

Short-Term Momentum Builds on Lower Timeframes

On the 15-minute chart, SUI’s price has displayed a breakout above a descending triangle’s resistance, signaling renewed buying interest. The price action also suggests a potential retest of the $4.420–$4.450 support zone before resuming its upward movement. Resistance levels between $4.588 and $4.660 are expected to act as key hurdles in the short term.

Crypto_Jobs noted that while the current price appears neutral on the H4 timeframe, the overall trend remains positive. He suggested that SUI’s consolidation phase is healthy and could provide a foundation for further price increases.

Image Source: X/Crypto_Jobs

Potential for BTC Pair Outperformance

The analysis also mentions SUI’s potential strength against Bitcoin, suggesting it could perform well relative to the broader market. This factor adds confidence to the bullish case, attracting traders looking for assets with relative strength.

The combination of strong technical support, bullish trendlines, and favorable market sentiment suggests that SUI’s price may continue its upward movement. With the $6.00 target in sight, the coming weeks could prove pivotal for this cryptocurrency.

Read Also: Top Analyst Predicts ‘Biggest Bull Run Ever,’ Reveals 6 Lowcap Altcoins for 1000x Gains: PENGU, MEME, and More

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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