SUI’s Price Escapes the Void! Is $2.35 Next? 🚀💰

by

SUI, that mischievous little token, has finally remembered where it left its keys-or at least its price. After a dramatic selloff that made even the most seasoned traders question their life choices, the market has taken a deep breath and decided, “Well, this is a support zone, so let’s pretend we never left.” A noble effort, though one wonders if the price is merely pretending to be brave, like a toddler clutching a teddy bear before facing the dark.

SUI Reclaims Critical HTF Support After Sharp Selloff

Crypto analyst Scient, who clearly has a PhD in “Why Is This Happening?”, noted that SUI’s recent antics are “exactly where it should be.” The market, ever the drama queen, has pushed back above a key support zone, which previously acted as a “pivot area” (read: a place where the price nearly collapsed but decided to stay). This suggests the selloff was a “brief deviation” rather than a “structural breakdown,” which is just fancy jargon for “we’re still here, but don’t get too comfortable.”

From a structural standpoint, the grey box on the chart is the crypto equivalent of a “demand zone” (i.e., a place where buyers say, “Not today, Satan”). Holding above it keeps the bullish “reclaim” intact, which is like saying, “We’re still in the game, but only because we have no other options.” A drop below? Well, that’s when the market throws its hands in the air and says, “Fine, let’s just go short.”

If SUI continues to hold its ground, Scient predicts a “steady grind higher” toward $2.35. A clean push? That’s when the market goes, “Oh, now you’re interesting.” But until then, it’s just a bunch of charts and a lot of hope, which is what most of us do anyway.

Currently, this “structure” is appearing across multiple assets, like a crypto version of a “I told you so” moment. SUI, however, is the star of the show, reclaiming support with the flair of a magician pulling a rabbit out of a hat… only the rabbit is a pile of Bitcoin and Ethereum.

SUI Leads With Early 4H Trend Break

Daan Crypto Trades, who probably drinks tea and stares at charts for fun, noted that SUI was the first major asset to break above its 4-hour downtrend. It’s like the crypto world’s version of “I’ll be the first to leave the party.” This early breakout put SUI on the map, making it the “leader” if the market ever decides to stop being a drama queen.

Now, the price is “consolidating” on top of a former resistance area, which is just a fancy way of saying, “We’re pretending this is support now.” Holding this level? “Reclaiming the range” (i.e., acting like nothing ever happened). Losing it? “Return to consolidation” (i.e., panic mode).

Overall, SUI is the crypto equivalent of a “strong-looking major” (read: still a gamble). But until Bitcoin and Ethereum decide to stop being the financial world’s version of a toddler having a meltdown, SUI’s next move remains a mystery. A mystery wrapped in a chart, tied with a ribbon of hope, and sprinkled with emojis.

Read More

2026-01-13 21:37