SUI Returns to Key $2.10–$1.80 Support Zone as Analysts Watch for a Potential Liquidity Rebound

robot
Abstract generation in progress

SUI trades near $2.10–$1.80 support, mirroring past liquidity zones that triggered strong rallies.

On-chain data show $1.73B TVL and stable liquidity, indicating consistent ecosystem participation.

Analysts monitor a range near $2.63 POC for breakout potential toward the $4.83–$20 upside targets.

SUI has returned to a strong support zone between $2.10 and $1.80, where prior liquidity accumulation triggered a major rally. The token now trades inside a multi-month ascending channel, and on-chain and DeFi metrics show steady ecosystem activity that adds context to current technical structure. Market participants watch liquidity and volume around this zone for directional cues.

Price Structure, Liquidity Zones, and Historical Context

The SUI chart shows an ascending channel since mid-2024, and the price recently moved down from near $4.83. The current retracement found re-accumulation around $2.17, and a fair value gap sits between $1.00 and $2.00. Trading volume remains steady, and the chart records higher lows along the channel floor.

According to analysis prepared by Crypto Patel, “SUI is back in a strong support zone around $2.1–$1.8. If liquidity grabs here again, we could see a strong bounce just like last time.” Historical data record a sharp rebound after a similar liquidity test in 2024, and that prior move produced large percentage gains. The channel slope shows upside targets if the price reclaims resistance near $4.83.

Source: CarlMoon(X)

Technical break levels include immediate support between $2.51 and $2.53, and the intraday point of control sits at $2.63. Carl Moon noted that price remains inside an internal range and faces repeated rejection at the POC, and he emphasized the pwEQ zone as critical for near-term structure.

On-chain Metrics, TVL, and Market Activity

DeFiLlama records Sui’s Total Value Locked at $1.737 billion, and bridged TVL measures roughly $1.73 billion, showing cross-chain liquidity. Stablecoin capitalization equals $932.75 million, which supports stable liquidity within Sui DeFi protocols

Source: DeFiLlama

Daily chain fees and revenue both total $26,071, and app revenue reached $150,075 over 24 hours. Perpetual futures volume stands near $138.13 million, and decentralized exchange volume totals $377.27 million over the same period, indicating active trading and derivative participation

Net inflows measured $1.37 million in 24 hours, and options and futures flows continued to show capital rotation into the ecosystem. Analysts and traders therefore monitor liquidity grabs at the $2.10–$1.80 zone and related volume behavior, and historical patterns show potential for a large move if the support absorbs supply.

The post SUI Returns to Key $2.10–$1.80 Support Zone as Analysts Watch for a Potential Liquidity Rebound appears on Crypto Front News. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.

SUI2.4%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)