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- SUI fell 9%, testing a key ascending trendline.
- Strong fundamentals suggest adoption despite price volatility.
- Defending support near $3.34 could trigger a rally to $4.33.
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Sui Network (SUI) shocked traders with a sudden 9% drop to $3.34 in one day, coinciding with broader market weakness as Bitcoin fell 2.9% and Ethereum slid nearly 7%. Despite the turbulence, many traders remain watchful, suggesting that SUI’s next move could define its short-term trend.
$SUI – Market lessons and outlook.
— DD (@D_DTRADING) September 22, 2025
▪️ Two tap model formed → price moved up slowly, creating a sell-side liquidity trail.
▪️ Mentioned before: vulnerable to quick rotations down, hard to find clean longs without a clear invalidation.
▪️ What followed is a perfect example why… pic.twitter.com/mgVFqyM3ev
Price Holds a Fragile Balance
SUI recently retested an ascending trendline dating back to April 2025, marking the third test in months. Historically, these retests have triggered rebounds, giving traders hope for a potential 27% surge toward $4.33. Conversely, failure to defend this key level could trigger a 16% drop to $2.80.
Technical indicators paint a nuanced picture. Bollinger Bands show SUI hugging the lower boundary, often a sign that selling pressure is exhausting. Yet the Average Directional Index (14.65) signals weak trend strength, leaving the market poised for a decisive move. Traders describe the scene as the calm before a storm, where each price candle carries significant weight.
Fundamentals Remain Strong
Beyond charts, Sui Network fundamentals show growth and adoption. The network recorded 1,632 transactions per second on September 19, highlighting robust activity. Meanwhile, the Decentralized Exchange volume reached $143 billion, signaling strong demand within the ecosystem.
Also Read: SUI Price Surges 15% as It Tests $3.80 Resistance — Is a Breakout to $5 Next?
CoinGlass data also reveals $24.85 million moved out of exchanges on September 22, suggesting accumulation by long-term holders and reduced selling pressure. While short-term sentiment appears fragile—long liquidations sit at $3.66 million, and shorts dominate $30.99 million—the network’s fundamentals provide an optimistic backdrop.
Outlook: Bearish Short-Term, Bullish Long-Term
SUI is currently trapped between critical support and towering resistance, with bulls and bears sizing up their moves like chess players. While near-term price action leans bearish, the long-term potential remains encouraging, driven by steady adoption and network milestones. A decisive defense of the trendline could spark a rapid rally toward $4.33, offering opportunistic traders a chance for significant gains.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
