SUI Price Is 6% Away From New High Thanks to Rising Bullishness | Airdrop Alert Pro

The price is Sui It has been on an upward trajectory since the start of 2025, gaining significant traction on the daily chart.

The momentum has the altcoin close to forming a new all-time high (ATH), driven by traders pouring new funds into the asset, signaling growing confidence.

SUI traders bullish

open interest SUI has doubled In just nine days, it surged from $679 million to $1.26 billion. This sharp rise highlights the enthusiasm among traders, many of whom are optimistic that the asset will achieve a new ATH. Capital inflows into SUI are increasing, indicating ongoing support driven by expectations of strong returns.

This increased interest could significantly benefit SUI’s price in the coming days. Traders’ confidence reflects broader confidence in the asset’s potential, providing a solid foundation for continued bullish momentum as SUI approaches its ATH.

Technical indicators support bullish outlook Thoughts on SUIrelative strength index (relative strength index) holds in bullish territory. The RSI has been holding above the neutral line at 50.0 for the past few days, suggesting that momentum is in favor of buyers rather than sellers.

This continued bullish sentiment could serve as a catalyst for further price gains. As long as the RSI remains above the neutral threshold, SUI will be able to capitalize on its upward momentum and attract more traders and investors to the asset.

SUI Price Forecast: New Highs Are Coming

Currently, SUI It is less than 6% away from breaking through the current ATH of $5.36. The altcoin showed resilience as it bounced off the $4.79 support, suggesting that the uptrend may continue if bullish factors continue to hold.

If current conditions remain favorable, SUI’s price could reward investors by breaking out of its peak and hitting new highs. However, broader market conditions will play a crucial role in determining the sustainability of this rally.

Conversely, a shift in market sentiment could lead to a bearish outcome. if Sui lost If it gains a foothold and breaks below the $4.79 support, it could drop further to $4.05, negating the bullish outlook and denting trader optimism.