SUI Price Eyes Recovery as Traders Watch Historic Trendline Support

Key Insights:

• SUI price is trading near a historic ascending trendline that held in 2023 and 2024.
• Analysts cited $0.70–$0.50 as a key accumulation and liquidity zone.
• SUI network activity reached 1,097 TPS on June 5, according to shared data.

SUI price is back at a major decision zone after revisiting a historic ascending trendline that previously supported large rebounds. The token is trading near the lower end of its multi-year structure. At the same time, the analysts watch whether buyers can defend the same area again.

SUI Crypto Tests Historic Trendline Support

SUI price is testing a key long-term trendline that has acted as a major support area in previous cycles. Analyst Atakan Altun posted a weekly chart. The chart showed the price touching the same rising base that marked important bottom areas in 2023 and 2024.

The chart placed SUI price near $0.90, close to the trendline support. It also showed a possible recovery path toward $4.3848, which sits near an old all-time high resistance area. The setup suggests that SUI remains at a major technical threshold.

Notably, the analyst said the current area could decide the direction of the 2026 cycle. The chart indicates that earlier touches of this trendline led to strong rebounds. However, the same setup still depends on whether the price holds above the line without breaking lower.

A sustained hold could keep the broader bullish structure intact. A clear breakdown, however, would weaken the long-term support thesis and expose lower demand areas.

Analysts Watch $0.70–$0.50 Zone

Meanwhile, Crypto Patel’s chart showed SUI price trading below a strong support area. To this, the analyst described as a possible liquidity grab. The weekly Binance chart places the current price near $0.7048 after a sharp decline of more than 21% on the candle shown.

The same chart identified $0.70–$0.50 as an accumulation zone. It also marks a strong support zone and a bullish order block near the current range. The setup suggests SUI could aim for $5, $10, and eventually $20 if momentum returns.

However, the latest move remains early. Buyers still need to defend the lower range and push the price back above resistance. The first major resistance zone sits around $4.00–$4.83. On the other hand, a stronger continuation would require the price to clear that region.

SUI Crypto Demand Zone Remains Key for Bulls

Additionally, Sui Insiders shared a chart showing SUI near a demand zone after a long decline from previous highs. The chart places the price near $0.9215 and shows a possible recovery path toward $2, then $5, if buyers regain control.

The setup marks a descending supply line above the price. This means SUI crypto still needs to break through overhead resistance before a larger recovery can gain confirmation. Until then, the token remains in a demand-versus-supply battle.

The analyst also noted that SUI crypto previously moved from $0.50 to $5s. That showed a 10x rally during an earlier expansion phase. Still, that historical move does not confirm a repeat. It only gives traders a reference point for how strongly the asset has moved from lower ranges before.

For now, the main technical question is simple. SUI crypto must hold the lower demand area and avoid deeper weakness below the $0.50–$0.70 range. A recovery above $1 would improve short-term structure, while a break above $2 would show stronger momentum.

The post SUI Price Eyes Recovery as Traders Watch Historic Trendline Support appeared first on The Market Periodical.