Is Sui about to break through? Technical roadmap from $1.68 to $3.40

Question

【Crypto World】Recently, a leading institution submitted filing applications for 11 digital asset ETFs including Sui. This move directly drove Sui to rise nearly 19% in just three days. From a technical perspective, the key level now is $1.68. As long as Sui stays above this price, the upward potential is open—technical charts indicate that if the breakout succeeds, it could short-term surge to $2.95, with more aggressive targets even pointing to $3.40. Additionally, Bitcoin has recently been pushing towards the $90,000 mark, and this positive market sentiment will also support mainstream cryptocurrencies including Sui. So the next focus is whether it can hold the $1.68 support level.

ProposalManiac · Accepted Answer

1.68 is the psychological threshold. If you can't hold it, you need to find support again. Don't be fooled by the price increase.

The benefit of ETF filing is essentially liquidity injection. It can only be sustained if the mechanism is well-designed. Many projects in history have seen hot money come and go in a wave.

The technical outlook looks good, but without fundamental support, no matter how beautiful the chart is, it's useless.

BTC rally can indeed set the pace, but for Sui to truly stabilize, it still depends on whether there is substantial improvement in on-chain activity.

From a game theory perspective, institutional entry and retail chasing highs are two different things. Be cautious of a wave of harvesting.

AirdropFreedom · Answer

1.68 Is this threshold really that tough? It feels like it needs repeated testing.

Breaking through does have some imagination, but if it can't hold, it's just a joke.

As for ETF filing, don't get too optimistic yet. I'm still on the sidelines.

90,000 dollars to support the entire market, let's see if Sui can get some soup to drink.

If it really pushes to 3.4, I'll die laughing. Let's see how this week goes before making any decisions.

Token_Sherpa · Answer

ngl the 1.68 support thesis is giving "we need it to hold or everything falls apart" energy... classic tech chart copium. etf inflow is real but let's not pretend sui's tokenomics are suddenly sustainable lol

NotAFinancialAdvice · Answer

1.68 this threshold must be held, otherwise the previous gains will be wasted

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BTC's push to 90,000 definitely gave Sui an opportunity, but don't be blinded by the 19% increase

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$3.4? Come on, let's see if it can stabilize at 1.68 first before making big claims

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The ETF filing is a positive sign, but the real test has just begun

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Feels a bit hollow this time, haven't seen much real buying power

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No hype, no blackening, just waiting for the 1.68 barrier. Breakthrough means easy profit, break below, don't panic

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Mainstream coins are still following the trend, but the key is whether Sui can support itself

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It's all about technical analysis and charts, but in the end, it still depends on the market maker's mood

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A 19% increase over three days sounds great, but I still want to wait for a lower entry point

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I'm optimistic about the Sui project, but I’m not quite willing to chase high right now

PoetryOnChain · Answer

1.68 is the real hurdle. Break through it and take off; can't break it and it's just haha.

Is Sui about to break through? Technical roadmap from $1.68 to $3.40

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