The SUI 2025 Bullish Case ‘Still Strong,’ Says Expert, Reveals Key Price Levels to Watch

Crypto investors are feeling the heat lately. The market's taken a nosedive, with popular digital assets getting hammered across the board.

The SUI 2025 bullish case is still strong, according to investinghaven, as the crypto price has now reached a projected downside target.

The crypto is also trading at a crucial support zone.

SUI price action: still in a bear market

Cryptocurrency prices have taken a battering recently, with some traders becoming rather pessimistic.

However, other analysts remain optimistic, especially when considering the big-picture view.

As such, it’s no surprise that SUI is still trading at a key support level, according to investinghaven.

Indeed, the analyst noted that the cryptocurrency’s rising trendline, which started in mid-2024, remains a point of contention between the bulls and the bears.

A breakout of this trendline signals a continuation toward 2025 upside targets.

Chart: TradingView

Crucially, there’s a strong demand area between $1.90 and $2.30, which is a zone that must hold for the bullish case to remain intact.

If this range holds, then a move toward $4.40 and higher could be in play.

However, if the price breaks down below $2.00 and fails to reclaim the trendline, then a decline toward $1.50 could follow. This would also shift market momentum toward extended consolidation or further downside.

On the other hand, confirmation of an upward move would require a strong daily close above the trendline, accompanied by rising buying volume.

This would negate the short-term downtrend and increase the probability of a rally toward the next resistance levels, which are at $3.50, $4.40, and $8.80.

High selling pressure has been observed in the past two weeks, as indicated by the high volume on the red candles. However, a potential reversal zone is forming, which could be confirmed by a bounce off the trendline.

Despite the recent pullback, the long-term trend of SUI remains bullish.

After reaching a low of $0.6 in early 2024, the cryptocurrency has shown remarkable strength in its recovery.

As such, investors might not want to panic considering the big-picture view.

As one analyst noted on X: “Short term can only scare you if:You’re overexposedYou don’t have control over your emotionsSometimes, all it takes is zooming out and realizing what has happened in the pastSUI is up 400% from its bottomLong term looks bright”