SUI may see an upside potential of up to 40% in the coming days, with the most crucial bullish catalyst being that a US-compliant CEX is expanding its trading services to the New York market. New York is considered one of the most strictly regulated crypto markets in the US. This move means that previously restricted institutional investors, registered investment advisors, and retail investors can now officially access SUI, significantly boosting the token’s liquidity and regulatory recognition.
Meanwhile, traditional finance giant Vanguard has also indirectly included SUI through its tradable “Top 10 Cryptocurrencies” funds—such as 21Shares (TTOPP) and Bitwise (BITW)—thus attracting more conservative, longer-term traditional finance capital. For investors unable to directly hold crypto assets, this opens another compliant investment channel for SUI.
From a technical perspective, SUI is currently defending a long-term uptrend line that has been maintained for several months and has repeatedly provided support at key cyclical lows. The recent pullback has brought the price into the $1.40–$1.50 demand zone, while the weekly RSI has dropped to around 40, which historically often coincides with trend reversal points rather than topping signals. If the structure remains intact, the next target is $2.32—the 1.618 Fibonacci retracement level, which converges with key weekly resistance and the 100-week EMA, giving it strong technical significance.
(Source: CryptoQuant)
On-chain data also supports the bullish outlook. CryptoQuant notes that the average order size for SUI spot transactions is increasing, indicating that whales are accumulating during the pullback rather than selling at the top. This kind of signal has often appeared near cyclical bottoms in the past, suggesting the market is building up strength for the next upward move.
If the trend turns unfavorable, attention should be paid to whether the uptrend line can continue to hold. If it fails, SUI may fall to the 0.786 Fibonacci level (around $1.334), a drop of about 20%, with the most pessimistic target near $1.00.
Overall, with regulatory tailwinds, institutional capital inflows, and technical patterns resonating, SUI has shown clear signs of a bullish reversal. Whether it can successfully challenge $2.32 will be the next key level for investors to watch.
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