SUI / TetherUS

Skeptic | SUI Breakdown: Precision Triggers for Spot & Futures

118
Welcome, traders, its Skeptic! 😎 Ready to unlock SUI’s next big move? I’m delivering a pro-level breakdown of SUI, the #12 crypto with a $10.4B market cap.This Analysis dives into recent performance, ecosystem growth, and technical triggers for spot and futures trading, all rooted in cycle-based strategies. Trade with no FOMO, no hype, just reason, Let’s conquer SUI! 🚖

Recent Performance & Key Events

SUI, trading at $2.98 with a $10.4 billion market cap, ranks as the #12 cryptocurrency globally. A Layer-1 blockchain using the Move programming language, it boasts parallel transaction processing with over 160,000 TPS. In July 2025, SUI showed strong momentum, surging 10% in 24 hours and 12% weekly after bottoming in the $2.30–$2.40 range. However, a 44 million token unlock ($122M) on July 1 introduces potential selling pressure. 📊

Technical & Market Position

SUI’s Total Value Locked (TVL) reached $2.1 billion in early 2025, ranking it the 8th largest blockchain by TVL. Its DeFi ecosystem is exploding, with stablecoin volume jumping from $400M to $1.2B. Bitcoin integration and a Microsoft partnership bolster institutional adoption, signaling strong fundamentals despite volatility.

Technical Analysis

Daily Timeframe
snapshot
The Daily (HWC) is in an uptrend, holding above the upward trendline (marked in blue). The major trend remains bullish unless this trendline breaks. However, the MWC is bearish, with declining volume during recent price rises suggesting a secondary corrective trend rather than a primary bullish trend. As Mark Andrew Lim notes in The Handbook of Technical Analysis, rising prices need increasing volume to confirm trader conviction and bullish momentum. Low volume indicates trend weakness, typical of corrective moves.

Spot Trigger (Long): Break of the downward corrective trendline with consolidation above resistance at $3.0408. The last series breaking this trendline saw 85% growth, but don’t rush in. Confirm with:
  • Falling BTC.D (Bitcoin dominance).
  • Total 3 long triggers (market-wide altcoin signals).
    snapshot
  • SUI/BTC uptrend, with an initial trigger on breaking its downward trendline and a primary trigger at 0.00003998 resistance.
  • Key Insight: Volume confirmation is critical. Without a volume surge on breakout, the risk of fakeouts is high.

4-Hour Timeframe (Futures Triggers)
snapshot
On the 4-hour chart, if price reacts again at resistance $3.0890, you can go long on a breakout, confirmed by RSI entering oversold. If it rejects sharply, the next long trigger is a break of $3.1606. For shorts, a break below support at $2.6593 is a strong trigger, especially with volume confirmation.

Pro Tip: Volume is king for all triggers. Without a volume spike on breakout, fakeout risk is high. Always apply capital management—1%–2% risk per trade to stay safe.

Final Vibe Check

This SUI Analysis equips you with precise triggers for spot ($3.0408) and futures ($3.0890/$3.1606 long, $2.6593 short) trading, leveraging cycle-based strategies. Want more cycle setups or another pair? Drop it in the comments! If this analysis sharpened your edge, hit that boost—it fuels my mission! 😊 Stay disciplined, fam! ✌️

💬 Let’s Talk!
Which SUI trigger are you eyeing? Share your thoughts in the comments, and let’s crush it together!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.