SUI Is Soaring to the Moon in Bull Run | BITmarkets
Insights Analysis SUI Is Soaring to the Moon in Bull Run

SUI Is Soaring to the Moon in Bull Run

May 13, 2025 Analysis
BITmarkets | SUI Is Soaring to the Moon in Bull Run

Yesterday, we shared an updated outlook on Ethereum, and today, we’re shifting our attention to another equally promising opportunity: SUI.

From a risk management perspective, setups like these align with the continuation of the existing trend, which generally carries significantly less risk than attempting to catch a reversal.

For this reason, they are particularly well-suited for more conservative traders who prefer higher-probability entries within an established market direction.

SUI technical analysis

SUIMay.1

SUIUSD - 1 Day Time Frame

From a technical standpoint, our initial entry setup fulfilled both key criteria, validating the long setup as previously outlined. Since then, the price has moved in our anticipated direction — upward — and in doing so, has created an additional parameter that may offer a new opportunity for traders who have not yet entered the market.

Following our entry, the price respected the support zone we previously defined (which was originally a resistance zone), marked in orange on the attached chart. This was followed by an impulsive bullish move, strong enough to establish a second support zone — now forming the newly created entry condition.

SUI price target

Traders have the option to open a new position or add to an existing one. For those opting for a more aggressive approach, a Stop Loss order can be placed below the internal higher low, as indicated on the chart.

Additionally, for more structured risk management, the price must remain above the newly formed blue support zone on the daily timeframe. Specifically, the daily candle body should not close below it (though a wick below the zone is acceptable).

If the candle does close below this support, it is advisable to partially reduce exposure by closing a portion of the position early.

Whether entering with full or reduced volume, traders may target a potential move toward the next Buy-Side Liquidity level, followed by a push toward the psychological resistance at $6.5 in the coming days.

Join

Try to invite your friends and earn together

10% of trading fees of your friends and 5% from the earnings of your friends.

We use cookies to store, access and process personal data to give you the best online experience. By clicking Accept Cookies you consent to storing all cookies and ensure best website performance. You can modify cookie preferences or withdraw consent by clicking Cookie Settings. To find out more about cookies and purposes, read our Cookie Policy and Privacy Policy

Cookies settings


Cookie Control


What are cookies?

Cookies are small text files that enable us, and our service provides to uniquely identify your browser or device. Cookies normally work by assigning a unique number to your device and are stored on your browser by the websites that you visit as well as third-party service providers for those website. By the term cookies other technologies as SDKs, pixels and local storage are to be considered.


If Enabled

We may recognize you as a customer which enables customized services, content and advertising, services effectiveness and device recognition for enhanced security
We may improve your experience based on your previous session
We can keep track of your preferences and personalize services
We can improve the performance of Website.


If Disabled

We won't be able to remember your previous sessions, that won't allow us to tailor the website according to your preferences
Some features might not be available and user experience reduced without cookies


Strictly necessary means that essential functions of the Website can not be provided without using them. Because these cookies are essential for the properly working and secure of Website features and services, you cannot opt-out of using these technologies. You can still block them within your browser, but it might cause the disfunction of basic website features.

  • Setting privacy preferences
  • Secure log in
  • Secure connection during the usage of services
  • Filling forms

Analytics and performance tracking technologies to analyze how you use the Website.

  • Most viewed pages
  • Interaction with content
  • Error analysis
  • Testing and Measuring various design effectivity

The Website may use third-party advertising and marketing technologies.

  • Promote our services on other platforms and websites
  • Measure the effectiveness of our campaigns