SUI cryptocurrency has shown strength by breaking out of a long-standing triangle, setting conditions for further growth. With increasing trading volumes and resistance turning into support, SUI is approaching new heights.
Breakout of Triangle and $7 Targets
SUI price has officially broken out of its descending triangle, signaling a bullish continuation. Analyst Ali pointed out that the breakout indicated a price target of $7 based on Fibonacci extensions. The price of SUI is trading around $3.95 after pushing above the triangle resistance near $3.90.
Support at $3.56 and Price Recovery
SUI's recent price action supports bullish forecasts. According to Nastia Vox, the price briefly dipped to test the $3.56 support, but buyers stepped in forcefully, pushing the price back toward $3.70. The rebound with rising volume indicates that the bulls are keen to defend the breakout area.
SUI DEX Volume Surpasses $10 Billion in July
Fundamental on-chain data backs the technical setup. According to ToreroRomero, SUI decentralized exchange (DEX) volume surpassed $10.3 billion in July 2025, marking a remarkable increase of 657.85% from July 2024. This growth suggests broader adoption of the SUI network's DeFi ecosystem.
Currently, SUI price shows signs of strength and relies on increasing trading volumes. Analysts expect that if the current momentum is maintained, the price may reach $9 by the end of the fourth quarter.
