Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

SUI Holds Long-Term Channel Support as Analysts Map an 860% Path Toward $20

robot
Abstract generation in progress

SUI holds long-term channel support that previously triggered a 1,060% cycle rally.

Analysts map an 860% projection toward $20 as price follows its established channel path.

Key levels at $2.05–$2.72 guide momentum while RSI and MACD shifts shape short-term direction.

SUI trades near the lower boundary of its long-term ascending channel, and the level matches the same area that produced a 1,060% rally during the last major cycle. The market now holds this zone again, and the current structure shows an 860% path toward the $20 region if price action repeats earlier behavior. At the time of writing, SUI was trading at $1.80.

Long-Term Structure and Channel Behavior

SUI continues to move inside a broad ascending channel that has remained intact since 2023, and the structure shows clear swing highs and swing lows. According to analysis prepared by Ali Charts, price touched the lower boundary near 2.1 before buyers lifted it back into the channel and restored upward movement

Candles now move toward the mid-channel region, and the chart shows steady progress through historical consolidation between $2.8 and $4.2. Calculations on the weekly chart display an 860% projection toward the $20 level, which sits near the channel’s upper boundary. The pattern aligns with earlier behavior, and the structure remains stable with price tracking the established trajectory.

Source: AltCryptoGems(X)

According to analysis prepared by Alt Crypto Gems, the 4-hour chart shows SUI forming two curved reactions inside a demand zone before climbing toward resistance. Price then rises from the support area and approaches the mid-range band, which controls short-term momentum.

Near-Term Levels, Indicators, and Market Structure

Analysts monitor $2.05, $2.27, and $2.72 as short-term points that shape the next move, and the $2.40 region forms the first major bullish target. This target aligns with previous structural levels and also matches the upper band of the recent analyst consensus

Technical conditions require RSI to move above 40 and MACD to shift positive, and analysts note that these signals remain reachable within one to two weeks. Risk levels form at $1.76 and $1.71, which mark key support points for the short-term outlook

A breakdown below these levels may shift momentum toward deeper support zones. Analysts continue to monitor the long-term channel because the last reaction from this boundary produced the 1,060% rally, and current projections map an 860% move toward $20 if market behavior aligns with previous patterns.

The post SUI Holds Long-Term Channel Support as Analysts Map an 860% Path Toward $20 appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

SUI-1.24%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)