{"id":7239,"date":"2025-09-26T05:00:45","date_gmt":"2025-09-26T05:00:45","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/sui-retest-ascending-triangle-support-amid-8-drop-bounce-or-breakdown-next\/"},"modified":"2025-09-26T05:00:45","modified_gmt":"2025-09-26T05:00:45","slug":"sui-retest-ascending-triangle-support-amid-8-drop-bounce-or-breakdown-next","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/sui-retest-ascending-triangle-support-amid-8-drop-bounce-or-breakdown-next\/","title":{"rendered":"SUI Retest Ascending Triangle Support Amid 8% Drop \u2013 Bounce Or Breakdown Next?"},"content":{"rendered":"

SUI is attempting to hold a crucial area as support amid the recent market downturn. Some analysts suggest the altcoin\u2019s price is retesting a make-or-break level that will determine the direction of its next big move.<\/p>\n

SUI Hits Two-Month Low<\/h2>\n

On Thursday, SUI is retesting the local range lows after an 8% daily drop from the $3.40 area to a key support level. The recent market pullbacks have momentarily halted most bullish rallies, sending leading cryptocurrencies like Ethereum (ETH) to an eight-week low of $3,800.<\/p>\n

Now, SUI\u2019s rally, which was fueled by institutional\u00a0interest, Digital Asset Treasuries (DATs), and positive developments for the network, has declined over 21% in the weekly timeframe.<\/p>\n

The cryptocurrency has seen a strong three-month rally following its early Q3 breakout to its multi-month high of $4.44. The altcoin has hovered between the $3.10-$4.00 levels over the past three months, attempting to break out of this range multiple times.<\/p>\n

Last week, SUI\u2019s price retested this area for the third time during this period, but has since been rejected from the range highs after failing to hold the $3.80 mark as support.<\/p>\n

Market watcher Daan Crypto Trades highlighted<\/a> that the cryptocurrency has been \u201cstuck\u201d inside the $3.10-$4.30 range since May, briefly losing the support area during the June pullback.<\/p>\n

According to the trader, the five-month consolidation should eventually lead to a big price move out of the range. \u00a0\u201cAs we approach the range low\/support, it’s back on my radar for a potential range play,\u201d he noted, adding that it would need a strong bounce from this area to hold the macro range.<\/p>\n

On the contrary, Daan suggested that \u201cIf it sits there and doesn’t do anything, then that’s a red flag,\u201d as it would risk losing the crucial multi-month support and retracing toward the June lows.<\/p>\n

Price Retests Make-Or-Break Level<\/h2>\n

Amid the retracement, SUI is also retesting another crucial support. As multiple analysts pointed out, the cryptocurrency is trading within a textbook ascending triangle pattern on a higher timeframe.<\/p>\n

Notably, the price has been compressing within the pattern\u2019s upper and lower boundaries since early Q2. Throughout the multi-month consolidation, each time the altcoin has bounced from the ascending support, it has retested the flat upper trendline.<\/p>\n

Ali Martinez highlighted<\/a> that a successful breakout from the bullish formation\u2019s resistance line around the $4 barrier would set the stage for a retest of its all-time high (ATH) level of $5.35 and an overall 75% rally toward the $7 area.<\/p>\n

Similarly, analyst Sjuul from AltCryptoGems affirmed<\/a> that \u201cit\u2019s really time to pay attention\u201d to the bullish formation, as the price compression continues and a break from the pattern seems imminent.<\/p>\n

Per the post, SUI\u2019s price must hold the triangle\u2019s rising lower trendline to be able to attempt to break out of the pattern again. Failing to maintain this key support, currently located around the $3.10 area, could invalidate the setup and lead to a retest of the $2.40-$2.90 zone.<\/p>\n

As of this writing, SUI is trading at $3.15, a nearly 10% decline in the monthly timeframe.<\/p>\n

\"SUI\"<\/p>\n","protected":false},"excerpt":{"rendered":"

SUI is attempting to hold a crucial area as support amid the recent market downturn. Some analysts suggest the altcoin\u2019s price is retesting a make-or-break level that will determine the direction of its next big move. SUI Hits Two-Month Low On Thursday, SUI is retesting the local range lows after an 8% daily drop from…<\/p>\n","protected":false},"author":1,"featured_media":7240,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[52,2894,3443,267,55,279,3444,3088,589,281,337],"class_list":["post-7239","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-crypto-analyst","tag-crypto-market-bull-run-2025","tag-crypto-market-pullback","tag-crypto-trader","tag-cryptocurrency-market-news","tag-sui","tag-sui-breakdown","tag-sui-breakout","tag-sui-network","tag-sui-price","tag-suiusdt"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/7239","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=7239"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/7239\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/7240"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=7239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=7239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=7239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}