Will SUI Go Down After Its Recent Price Surge? An Analysis to Keep Your Investment Safe

2025-04-30
Will SUI Go Down After Its Recent Price Surge? An Analysis to Keep Your Investment Safe

SUI price pulls off a 63% rally in just one week and naturally grabs attention. Whether you're a seasoned trader or just getting your feet wet, you’ve probably seen SUI lighting up the charts lately. 

But now that the hype is slightly cooling off, many investors are asking the big question: Will the SUI price crash, or is this just a healthy breather before another run-up? Let's break it all down and help you make smarter, data-backed decisions about your SUI investment.

SUI Price Surges

It’s easy to write off massive crypto rallies as hype-driven. But in SUI’s case, there’s more than just buzz behind the bullish momentum. Several key fundamentals have been trending up sharply:

1. Explosive account growth

2. Strong stablecoin inflows

3. Increasing Total Value Locked (TVL)

These aren't just random metrics, they’re signs that the ecosystem around SUI is actually thriving. When a coin starts pulling in more users and locked capital, it's usually because there's growing trust in its utility and network strength.

That said, no rally lasts forever without a few bumps in the road, and SUI price might just be hitting one now.

Read More: Are Institutional Whales Buying Bitcoin Again? Looking at the Recent Data

SUI Price: From Highs to Hesitation

After smashing through the $3.50 resistance level, SUI price quickly hit a peak of $3.87, only to pull back to $3.53, an 8.74% drop in just 24 hours. While that may seem like a red flag, it’s actually a pretty normal correction after such a strong upward move.

Here’s the twist: trading volume is still going up, not down.

Total volume: Up 8.74%, hitting $1.85 billion

DEX volume: Jumped from $338 million to $437.6 million

So even as SUI price action cools a bit, interest in the coin remains high, a sign that many investors are still watching closely for the next move.

Read More: Is Today a Good Time to Buy Bitcoin? Looking at Bitcoin Dominance

Technical Signals of SUI Price

If you’re into charting, there’s one signal that’s hard to ignore , the Relative Strength Index (RSI). At over 80, it’s basically flashing a big neon sign that says “Overbought”

When RSI crosses 70, traders start bracing for a potential reversal. Over 80? That’s often when profit-taking kicks in, and price starts to pull back, at least temporarily.

But here’s where it gets interesting: even with RSI cooling, open interest (OI) is dropping too, down 9.67%, suggesting that leveraged positions are being closed. That could actually reduce the risk of a full-blown crash, since fewer people are exposed to liquidations.

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SUI Price Movement: Stay Cautious, Not Panic!

1. RSI Shows Cooling Momentum

The overheated RSI is a signal that SUI price could face some short-term downside pressure. This isn’t necessarily bearish, it just means a cooldown might be underway.

2. Leverage Unwinding (Open Interest Dropped)

A 9.67% drop in OI shows that traders are playing it safer. This could signal a short-term dip, but it might also prevent a sharper crash.

3. Increasing Sell-Side Liquidity

Both spot and futures markets are seeing higher sell pressure. That could limit further upside in the immediate future, unless bulls push back hard.

Read More: BlackRock Buys Almost $1 Billion in Bitcoin! Will They Push Bitcoin's Price Upwards?

Fundamentals Still Support SUI Price 

Despite the technical caution flags, SUI price on-chain metrics are strong:

1. User activity is surging

2. TVL growth means more capital is flowing into the SUI ecosystem

3. Stablecoin inflows show confidence in SUI as a base for DeFi

So while short-term volatility may shake out some weak hands, the underlying fundamentals still paint a bullish picture over the longer horizon.

Read More: FARTCOIN is Preparing for Another Price Surge! Here's Why You Should Buy It Now

SUI Investment: Buy, Sell, or HODL?

Let’s be real, this isn’t a one-size-fits-all answer. Your decision depends on your risk tolerance, investment horizon, and whether you’re in for a quick flip or long-term gains.

Consider Buying If:

1. You believe in the long-term fundamentals of SUI

2. You’re okay with short-term volatility

3. You see any dip as a chance to enter at a discount

Consider Selling or Taking Profit If:

1. You bought near the recent top and want to lock in gains

2. You're uncomfortable with technical indicators like RSI > 80

3. You see a drop below $3.00 as a potential warning sign

Conclusion

After a stellar rally, SUI price is now entering a crucial phase. Technical indicators suggest that the price may take a short-term breather, while fundamental metrics continue to show long-term promise. 

Whether you're holding, buying, or trimming your position, it’s important to stay informed and react based on data, not emotion.

The next few days or weeks could shape the future trajectory of SUI. For now, keep an eye on key support levels, RSI movement, and trading volume. As long as fundamentals stay strong, this might just be a healthy reset before another surge.

FAQ

What is the current SUI price?

At the time of writing, SUI is trading around $3.53, down from a recent high of $3.87.

Why did the SUI price rise recently?

The surge was driven by a combination of factors including network growth, TVL increase, and high investor interest. SUI broke through key resistance levels, triggering momentum-based buying.

Is SUI overbought?

According to the RSI, yes. With a reading above 80, SUI is technically in overbought territory, which typically precedes a price correction or consolidation.

Should I sell SUI now?

If you're sitting on strong gains and uncomfortable with potential short-term volatility, taking partial profits could be smart. But long-term holders may prefer to wait and ride out the turbulence.

What are SUI's long-term prospects?

If current fundamentals like user growth and capital inflows continue, SUI could maintain its position as a serious DeFi contender, making it a worthwhile watchlist asset for long-term investors.

Disclaimer: The content of this article does not constitute financial or investment advice.

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