The price of SUI could reach $9 when this happens.

The price of SUI has just sent a convincing breakout signal as it escaped from the long-standing accumulation triangle model over the past few months. Based on on-chain data and technical analysis, the current momentum is opening up the prospect of reaching a target price zone from $7 to $9.

Notably, the trading volume surged alongside the important resistance zones being conquered and transformed into support, further reinforcing the belief that SUI is entering a new growth cycle full of potential.

SUI price breaks out of the triangle pattern, setting a target of $7

The price of SUI has officially broken above the declining triangle pattern that has lasted for several months, marking the beginning of a promising continuation bullish structure. According to analyst Ali, this breakout suggests a potential price target of up to $7, based on Fibonacci extension levels.

The latest 3-day chart shows that SUI is currently trading around $3.95, after breaking through the important resistance zone at $3.90. The accumulation phase in the triangle pattern – which occurred from January to July – narrowed the fluctuation range between $2.25 and $3.90, laying the foundation for the current breakout.

sui-tangSUI/USDT chart on a 3-day timeframe | Source: XSau After multiple failures at the downward sloping resistance line, SUI has finally closed above this zone with a series of strong bullish candles and a higher low structure – a typical technical signal of an uptrend.

The next resistance level is the Fibonacci retracement level of 0.786 at $4.20. If this level is conquered, the next Fibonacci targets will be $5.36 – $7.30 – and the highest is $8.58.

Currently, the price model is reflecting a classic continuation pattern - where a breakout from the long-term accumulation zone often leads to a strong trend expansion phase. However, to maintain upward momentum, SUI needs to hold above the new support level at $3.90.

Buyers absorb the decline at $3.56 and reclaim the $3.90 mark.

The recent developments of SUI are adding strength to positive forecasts. According to expert Nastia Vox, this coin had previously dropped to test the important support zone at $3.56, but shortly after, strong buying power quickly emerged, pushing the price back up to the $3.70 mark.

The recovery phase accompanied by high trading volume indicates that the bulls are determined to defend the breakout zone. In particular, the spike below the $3.60 threshold, just before the funds flowed in strongly, is a typical signal of the "liquidity sweep" action – a strategy often used to eliminate weak-handed investors before the market continues to rise.

Daily chart of SUI/USDT | Source: XSince then, SUI has not only reclaimed the $3.80 level but is also establishing a pattern of higher lows above the ascending trend line – a technical signal reinforcing the recovery momentum.

If the current price structure is maintained, the next rally could take SUI straight to the target zone of $4.80, or even higher. At the time of writing, SUI is up 4.3% on the day, hitting a session high of $3.80.

The trading volume of SUI DEX exploded to 10 billion USD in July

Not only driven by technical signals, the current bullish trend of SUI is also strongly supported by on-chain data. According to expert ToreroRomero, the total trading volume on decentralized exchanges (DEX) within the SUI network has surpassed 10.3 billion USD in just July 2025.

Notably, this figure has skyrocketed by 657.85% compared to the same period last year, indicating a strong explosion in user engagement and liquidity flowing into the ecosystem. This is not merely a short-term speculative capital flow, but reflects the actual and increasingly vibrant activities of the community in the DeFi space of SUI.

DEX volume chart | Source: DeFiLlama dataThis increase in liquidity also helps the network become more resilient against fluctuations, while attracting the attention of large traders. When the technical foundation combines with real demand on the network, the uptrend of SUI is not only sustainable but also has the potential to open up a strong growth cycle in the near future.

Experts predict the price could reach $9 if the upward momentum is maintained

Meanwhile, analyst Mr.APE expressed an optimistic view, stating that the current technical model could drive the price up strongly to the zone of $7.50 – $9.00 before the fourth quarter closes.

According to him, the breakout from the triangle pattern this time is a typical example of a trend continuation phase: starting with an Accumulation phase, followed by a breakout accompanied by increased trading volume, and finally transforming the resistance zone into support.

Notably, the key resistance level at $3.45 – which has repeatedly halted recovery attempts – has officially been breached thanks to strong buying power. Mr.APE believes this is an important technical advance that helps eliminate weak-handed investors following the security incident related to CETUS, while also strengthening the solid foundation for long-term cash flows.

Weekly SUI/USDT Chart | Source: He emphasized that now is the time when smart money can start to enter, as selling pressure has significantly decreased. The current price pattern bears many similarities to previous strong rallies – when clear breakouts often open up a prolonged bullish cycle lasting several weeks.

Based on technical analysis, Mr. APE's chart shows a potential upward momentum that could reach 107.5% compared to the zone of the model's base, with a short-term target fluctuating between $7.80 – $9.

SN_Nour

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