- SUI breaks out from the bullish flag pattern with $4.80 target and maintains higher lows above $4.00.
- DEX volume hit $10.3B in July 2025, showing 657.85% yearly growth and rising DeFi activity.
- Price holds above key averages as ETF review and $4.25 resistance drive short-term bullish focus.
SUI has shown strong technical recovery, trading above $4.00 and testing the upper boundary of a bullish flag pattern. Market participants are closely monitoring the asset, as a confirmed breakout from this formation could signal a continuation toward the $4.80 price target. Recent price action, volume growth, and on-chain activity have supported the trend.
Bullish Flag Structure and Technical Breakout
According to analysis prepared by Carl Moon, SUI is forming a bullish flag pattern on the 1-day chart. The price broke above the flag resistance, reaching $3.99 before advancing to $4.06.
This breakout setup projects a potential move to $4.80, representing a 19.28% upside from the breakout zone. SUI price structure continues to form higher lows, supported by ascending trendline support. Momentum indicators such as RSI remain neutral at 62.42, suggesting further upside room.
The MACD remains in positive territory, with a minor bearish histogram, pointing to potential short-term consolidation rather than reversal. CoinMarketCap ranks SUI as the 12th largest cryptocurrency by market cap. The market cap stands at $14.05 billion, and the 24-hour trading volume rose to $1.76 billion.
On-Chain Data Supports Price Action
SUI DEX volume surpassed $10.3 billion in July 2025. This was a 657.85% increase from July 2024, reflecting strong user activity and deeper liquidity. Increased participation indicates growing demand across the Sui network’s DeFi ecosystem.
At the same time, a proposed spot SUI ETF by Canary Capital remains under review by the SEC. This news previously triggered a sharp 53% rally, providing additional fuel for the ongoing trend. According to analyst Mr. APE, a sustained breakout could push SUI toward $7.50–$9.00 by Q4.
SUI trades well above key moving averages, with SMA 7 at $3.89 and confluence support near $3.22. The current price action and trading interest support a bullish continuation if price clears the $4.25 resistance zone.
