Sui (SUI) price has been displaying mixed signals, with both bullish and bearish indicators creating a complex market outlook.

SUI (SUI) price has been displaying mixed signals lately, with both bullish and bearish indicators creating a complex market outlook. Currently trading near $3.84

TLDR; Sui (SUI) price has been displaying mixed signals, with both bullish and bearish indicators creating a complex market outlook.

What Happened:

After a stellar run that saw Sui (SUI) price almost triple from yearly lows, the cryptocurrency is showing strength again with a 1.38% increase over the last 24 hours, currently trading near $3.84.

However, analysts are divided on its short-term direction. Recent technical analysis has revealed a TD Sequential sell signal on the 3-day chart, suggesting that SUI may be heading for a temporary pullback.

This indicator, which typically signals the end of a trend, could be setting up a possible correction in the near future.

“SUI looks ready to pull back,”

identified the TD Sequential pattern. If this correction materializes, price support around the $3.00 to $3.50 range will become crucial for maintaining the longer-term bullish outlook.

Despite these short-term concerns, the overall technical structure remains positive for SUI. Multiple analysts have pointed to bullish patterns on the charts, including ascending triangles that often precede upward price movements.

$SUI chart looking bullish 📈 pic.twitter.com/HZQZBXPflC

— Trader Edge (@Pro_Trader_Edge) May 18, 2025

The cryptocurrency recently reached almost $4.29, showing strong recovery from previous lows. This price action has generated optimism among some market participants, with targets as high as $10 being discussed if key resistance levels can be broken.

Technical Indicators Present Complicated Picture For SUI Traders:

Technical measurements present a complicated picture for SUI traders. The Relative Strength Index (RSI) currently sits at 41.47, indicating weak bullish momentum.

Meanwhile, the Moving Average Convergence Divergence (MACD) remains in bearish territory.

Price action shows SUI trading near the lower Bollinger Band, which typically suggests undervaluation. However, this doesn't guarantee an immediate reversal.

Adding to this mixed outlook is shrinking Bollinger Band range, classically interpreted as a sign of low volatility that often comes before major price movements.

Without increased volume and clear confirmation, this squeeze could result in further downside rather than an upward breakout.

Key resistance levels to watch include $4.20, $4.50, and $4.80. Breaking above these points could trigger renewed buying interest and potentially open the path toward higher targets.

Here's a summary of the key takeaways:

* TD Sequential indicator on the 3-day chart signals a possible correction from recent highs.

* SUI could find support in the $3.00 to $3.50 range during the pullback.

* The overall technical structure remains bullish, with multiple analysts identifying positive patterns.

* SUI has surged 130% from its entry point, aiming for higher targets of $5, $10, $15, and $20.

* On-chain data and stablecoin activity suggest potential for further gains in the SUI market.

Stay tuned for more updates on the SUI crypto price and analysis.

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