Date: Mon, Sept 08, 2025 | 10:56 AM GMT
The cryptocurrency market is showing resilience, with Ethereum (ETH) holding steady near the $4,300 level after pulling back from its recent peak of $4,953. Following this stabilization, several altcoins are beginning to display bullish signals — and Sui (SUI) is one of the token.
SUI is trading back in the green today, and more importantly, its chart is now flashing a key bullish pattern that hints at a possible breakout in the sessions ahead.
Source: Coinmarketcap
Falling Wedge in Play?
On the daily chart, SUI is shaping a Falling Wedge pattern — a classic bullish reversal setup that often signals the end of a downtrend and the start of upward momentum.
Recently, SUI faced rejection from the wedge’s resistance trendline, pushing the price lower toward its support base near $3.09. However, buyers stepped in strongly at this level, sparking a rebound. As of now, SUI is trading around $3.46, hovering just below the wedge resistance.
Sui (SUI) Daily Chart/Coinsprobe (Source: Tradingview)
This positioning suggests that a breakout attempt may soon be on the horizon.
What’s Next for SUI?
If SUI breaks decisively above its wedge resistance and reclaims the 50-day moving average ($3.61), it would serve as a strong bullish confirmation. From there, momentum could accelerate, with the next technical target projected around $4.99, based on the wedge’s measured move.
On the flip side, if SUI fails to confirm the breakout and slips back, the token could revisit its support trendline — a crucial level that bulls must defend to keep the bullish structure intact.
