- Analyst Ali marks $3.00 as a key dip zone, targeting a rebound toward the $3.80–$3.90 resistance range.
- Analyst Kaleo expects a breakout soon, noting price compression and viewing any level under $4.00 as favorable.
- A $296M token unlock, including $181.8M in SUI, may influence direction near the $3.10 support zone.
Sui is wedged inside a narrowing range, with price reacting repeatedly between familiar boundaries. Analyst Ali identified $3.00 as a buy the dip zone, predicting a potential rebound toward $3.80 and higher.
That region aligns with the upper boundary of the current descending channel that has influenced price since early September. Resistance is firm around $3.80–$3.90, while $3.10 holds as immediate support. However, deeper liquidity may be closer to $2.82, matching the Fib 1.272 extension.
Fib Levels and Key Reaction Points
The mid range between $3.20 and $3.30 hosted the latest consolidation, creating conditions for either absorption or rejection. A move toward the 0.5 Fibonacci retracement at $3.71 would confirm renewed momentum, while a further rise to the 0.382 retracement at $3.87 would place price directly against channel resistance.
However, failure to defend $3.11, which aligns with the full retracement marker, risks a slide to $2.96, the lower channel edge. That zone also indicates the final defense before $2.82 comes into play.
Kaleo Anticipates Uptober Resolution
Analyst Kaleo noted a clean bounce off support, noting that the trading range has compressed throughout 2025. He stated that a resolution appears imminent and described any level under $4.00 as favorable.
His commentary aligns with the structure, as volatility continues to contract into a decision point. Notably, both analysts noted the upcoming direction around the same resistance cluster, indicating its importance.
Token Unlock Adds Pressure to Timing
However, timing is critical. Over $296 million worth of tokens will unlock this week, with $181.8 million attributed to SUI on October 1. That supply event may influence behavior near support if sell side volume accelerates.
Yet, if demand absorbs supply above $3.10, it could validate the bullish projections outlined earlier. However, any rejection near $3.40 would maintain the stalemate and prolong the compression phase.
The structure now depends on a decisive reclaim above $3.70–$3.90 or a breakdown beneath $3.10. Each outcome carries clear continuation zones, but neither has triggered yet.
