SUI Hits $3: Is a Bounce to $3.80 Next?

• SUI price dips to key $3 support level.
• Traders see $3 as a buy-the-dip opportunity.
• Price target set at $3.80 amid bullish momentum.

$3 Support Level Sparks Interest in SUI

The cryptocurrency market has seen a wave of volatility lately, and SUI is no exception. After dipping to the $3 level, many traders are now eyeing this price point as a key “buy-the-dip” zone. Historically, round-number support levels like $3 tend to attract buyers, and this case is no different. The sentiment is turning bullish as investors expect a strong price reaction from this level.

The recent correction has brought SUI back into a favorable buying range, especially for short-term traders. Market participants are beginning to accumulate in anticipation of a technical bounce.

$3.80 Target in Sight

Technical analysts suggest that if SUI holds the $3 support, the next major resistance lies around $3.80. That would represent over a 25% gain from the current level. This bullish outlook is supported by positive volume trends and the broader market showing signs of stabilization.

Traders are keeping a close eye on breakout signals—such as a push above short-term moving averages or confirmation of higher lows. If those align, SUI could see a swift recovery toward $3.80 and potentially beyond.

Momentum Could Push Higher

While short-term resistance is pegged at $3.80, some analysts believe the momentum could drive SUI even higher. If bullish sentiment continues and macro factors like Bitcoin’s stability support altcoins, SUI could ride that wave. However, caution is still advised. Setting clear stop-loss levels and managing risk are key for traders looking to capitalize on this potential bounce.

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• SUI Hits $3: Is a Bounce to $3.80 Next?