SUI is quietly becoming one of the most interesting altcoins to watch right now.
After a quick bounce from a strong support zone, the price is holding up well. That’s exactly what popular analyst Michaël van de Poppe pointed out in his latest tweet. He noted that SUI is not only holding its structure, but it has actually outperformed Bitcoin and most other major assets over the past year.
That’s a big deal – especially in a market that’s still recovering from post-halving volatility and ETF speculation.
The SUI Chart Setup Looks Bullish
Let’s talk about the chart first.
We can clearly see that SUI recently tested a key green support zone near $2.63, and bounced straight off it. That area has been acting as a strong base for months now, and bulls defended it perfectly again.
Now, price is pushing right into a crucial resistance zone near $2.79. This level also lines up with a descending trendline that has capped every rally since late April.
$SUI is acting nicely here, with a quick bounce from a strong support level.
— Michaël van de Poppe (@CryptoMichNL) June 30, 2025
It's outperforming #Bitcoin and every other asset for the past year.
Now, their ecosystem is thriving as well as Walrus has achieved a place in the top 100 and is becoming one of the leading DePIN… pic.twitter.com/mFgTokTIhs
But here’s where things get interesting – if SUI reclaims this red resistance block, it could spark a breakout. That zone is loaded with short positions, and a clean move above it would likely liquidate late shorters and accelerate the upside.
There’s even a note on the chart: “All liquidity will be taken here.” That usually means stop-losses from shorts are stacked above this zone, which adds fuel to the fire if bulls break through.
And if momentum continues building from here, some analysts believe SUI could retest its previous highs from early 2024 – which puts a $5 price target back on the table. While that might not happen overnight, the structure is there for a multi-month rally if buyers stay in control.
Read also: Ethereum and XRP Funding Rates Flash Bullish – But Is It a Trap?
Strong Ecosystem Growth Adds Fuel
But this isn’t just a chart play.
What makes SUI’s case even stronger right now is what’s happening in its ecosystem. According to van de Poppe, Walrus, a DePIN (Decentralized Physical Infrastructure Network) protocol built on SUI, just entered the top 100. It’s now seen as one of the most promising DePIN projects in the entire space.
That’s not just hype – it’s a real use case. Walrus combines the blockchain with real-world devices, and its traction shows that builders are actually choosing SUI over other chains. That kind of developer activity often leads to long-term strength.
SUI is holding strong support, testing key resistance, and riding ecosystem momentum.
If bulls manage to flip the $2.79 zone into support, the SUI chart suggests a trend reversal is coming. That would end the long downtrend that started in May and open the door to higher highs over the coming weeks.
It’s also worth noting that SUI has been outperforming BTC – which is already up over 40% YTD. If that trend continues, this altcoin might be one of the biggest breakout candidates this summer.
For now, all eyes are on that reclaim zone. If we get it, SUI could finally begin a sustained new leg up.
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