Recent price action in SUI has formed a technically compelling structure, suggesting a potential for continued growth into the fourth quarter. If this scenario plays out, the token could deliver an upside of up to 50% before reaching its annual high. Before identifying any possible entry opportunities, however, it is essential to review the initial setup in detail.

SUI technical analysis

SUIUSD - 4 Hour Time Frame

SUI has already established an initial setup on the daily timeframe, though the current risk-to-reward ratio appears less favorable. For this reason, the analysis has shifted to a lower timeframe — specifically the 4-hour chart — where a new setup could offer a more advantageous entry opportunity, particularly for defining a Stop Loss level.

Between October 3 and 7, price action on the 4-hour timeframe entered a period of stagnation. Compared to the earlier impulsive upward move at the start of October, this weaker phase led to a natural accumulation of Sell-Side Liquidity. The subsequent impulsive decline swept this liquidity, forming a new resistance zone that now defines bearish price delivery on this timeframe.

SUI price target

In the broader context of the daily structure and the prevailing bullish sentiment across the cryptocurrency market, a close above this resistance zone on the 4-hour chart could confirm a valid buy setup. Once confirmed, potential target levels include the Buy-Side Liquidity zones near $4.0, $4.2, $4.4, and ultimately the all-time high just below $5.4.

Every position could include a protective Stop Loss for risk management purposes. In this case, the Stop Loss may be placed below the internal low, as indicated on the chart, but only after the price closes above the identified resistance zone.

If the market develops smaller corrective structures, the Stop Loss can be adjusted dynamically, consistently remaining below the most recent internal correction low to manage exposure effectively.