SUI Price Up 70% in a Week Amid Volume Surge | BITmarkets
Insights Analysis SUI Price Up 70% in a Week Amid Volume Surge

SUI Price Up 70% in a Week Amid Volume Surge

April 30, 2025 Analysis
BITmarkets | SUI Price Up 70% in a Week Amid Volume Surge

Like many other cryptocurrencies, SUI entered a corrective phase at the beginning of 2025. However, over the past week, the price has shown clearer signs of renewed bullish momentum, surging an impressive 70% in just seven days.

To trade effectively, it's essential to monitor key technical parameters and manage the position according to predefined rules. So what should you be watching?

Daily time frame analysis

SUIapr.1

SUIUSD - 1 Day Time Frame

From a technical standpoint, SUI’s sharp rise was signaled by a decisive close above a major resistance zone. This breakout, paired with a strong return of impulsive bullish price action—contrasting the previous corrective structure—creates a compelling setup for long positions.

Given the strength and speed of the move, it is prudent to enter with a smaller position size than usual. This approach leaves room to scale in during a potential pullback, especially if the price dips below the current entry level.

Adopting a cautious entry strategy reduces initial exposure while preserving flexibility to take advantage of further upside.

Sui price target

It's always advised to protect every position with a Stop Loss. In the case of SUI, the Stop Loss can be placed just below the internal higher low, as illustrated on the accompanying chart. This point can serve as a key technical threshold—if breached, it may invalidate the current setup.

For profit-taking, the primary targets are Buy-Side Liquidity levels—zones where a concentration of pending buy orders typically occurs. In addition, traders should pay attention to a key psychological price level that the market has not yet tested historically.

While there’s no confirmed liquidity at this level, round numbers often act as magnets for price action, making them strategic points for partial profit realization.

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