SUI Price Blasts Past Resistance – Is a New All-Time High Coming This Week?

SUI kicked off the week with a strong move up, grabbing the attention of traders and analysts alike. A big green candle early in the session pushed the price above $4.13, bringing it right up to a key resistance level. With buyers showing strength, many are now watching closely to see if SUI is gearing up for a breakout. Top analysts like BEAST and Coinvestor.sui have also weighed in on the current setup and what could be coming next.At writing, SUI price is trading around $4.18 after that initial bullish surge. On the 15-minute chart, the trend is clear, the price is making higher highs and higher lows, which usually signals more upside ahead. That first big candle of the session was highlighted by trader BEAST, who tweeted: “$SUI starting the week with a big candle is very bullish. This might be the week it breaks ATH and go into repricing.”Right now, the token is testing the $4.15 to $4.20 area, a zone that has acted as resistance before. It already faced one rejection there earlier, which is visible by the long wick left on the chart. If SUI can break and hold above this range, it could open the door to new all-time highs and price discovery.Source: X/BEASTSUI Bullish Chart Structure and Market BehaviorMarket structure supports a bullish bias. Following a V-shaped recovery from below $4.00, the chart shows a bullish engulfing pattern and continued upward momentum. Volume surged during the breakout, suggesting participation from larger buyers. This has led many traders to monitor the $4.05 zone, now seen as short-term support.If the SUI price fails to break the $4.20 zone convincingly, a pullback toward this $4.05 region may occur. However, continued bullish pressure could push the token into new territory without a retest.Long-Term Supply Dynamics May Influence SUI Price OutlookBeyond the short-term chart patterns, long-term supply distribution is being considered. A tweet from Coinvestor.sui stated, “Over 50% of the Total supply of $SUI will be unlocked after 2030.” This points to a lower effective circulating supply than what is listed on platforms such as CoinGecko or CoinMarketCap.The post emphasizes that this limited supply could influence how traders evaluate SUI’s fully diluted valuation (FDV) over the next few years. The user concluded by stating, “Raise your targets, just saying,” referencing the possibility of undervaluation at current market prices.Read Also: Can Kaspa Price Hit $0.75? The Upgrade No One’s Talking About (Yet)Did you know that over 50% of the Total supply of $SUI will be unlocked after 2030Meaning, for the next 5 years Sui's FDV should be considered less than half of what you see on CMC or CoinGecko which is a very bullish thing to considerRaise your targets, Just saying... pic.twitter.com/MLJtj8axWx— Coinvestor.sui (@Coinvestor777) May 11, 2025 Key Levels to Watch for SUI PriceTraders are watching two main price levels this week. The $4.15 to $4.20 resistance zone is the immediate barrier. A close above this range on higher timeframes could act as confirmation for further upside. On the downside, $4.00 to $4.05 remains an area of interest for potential support.Should SUI price break and hold above $4.20, it may enter repricing, where past resistance no longer applies. With strong early-week momentum and positive sentiment reflected on social media, the conditions for a breakout are present. However, sustained follow-through will depend on both volume and broader market strength.Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Read our recent crypto market updates, news, and technical analysis here. We recommend eToro Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading. Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. Copy trading: allows users to copy the trades of leading traders, for free. User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. The post SUI Price Blasts Past Resistance – Is a New All-Time High Coming This Week? appeared first on CaptainAltcoin.