Price Analysis

Sui Price Prediction: Analyst Targets $10 as Nasdaq-Listed SUI Group Buys 20M SUI

SUI price shows breakout confirmation with strong institutional backing, as Nasdaq-listed SUI Group expands holdings to 101.7M adds support.
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Sui Price Prediction: Analyst Targets $10 as Nasdaq-Listed SUI Group Buys 20M SUI

Highlights

  • Analyst projects $10 if resistance breaks, reinforcing strong weekly chart setup.
  • SUI price confirms breakout structure with wedge retest and weekly triangle support.
  • Nasdaq-listed SUI Group expands holdings to 101.7M SUI, signaling deeper institutional conviction.

SUI price has climbed into the spotlight again as technical patterns align with fresh institutional commitments. Meanwhile, the token’s price action highlights a tightening structure across multiple timeframes, hinting at a major move towards the $10 mark. Alongside this, Nasdaq-listed SUI Group Holdings has expanded its treasury beyond 101 million tokens, showcasing the scale of institutional confidence.

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SUI Price Action: Breakout Patterns Build Across the Charts

On the weekly chart, SUI price has built a rising base through an ascending triangle, holding firm above $3.10 across several tests. Each bounce off support has added pressure to the $4.30 barrier, which continues to act as the gatekeeper for higher levels with the SUI current value trading at $3.31. 

According to an analyst on X platform, a breakout above this ceiling could spark a run toward $10, aligning with the measured target of the triangle. The pattern reflects steady absorption of sell pressure, with green candles forming after each dip. 

Buyers appear willing to step in repeatedly, reinforcing the base. If $4.30 finally cracks, the structure favors a swift climb as liquidity thins above.

SUI/USDT 1-Week Chart (Source: X)

On the 4-hour chart, the picture has strengthened further after price broke out of a falling wedge and retested the upper boundary around $3.25. This retest provided clean confirmation, flipping the level into fresh support before the next advance. 

The breakout has opened a pathway toward $3.50–$3.80, identified as a critical near-term zone. Parabolic SAR dots now sit beneath the candles, while MACD lines have crossed into positive territory, both adding weight to the bullish case. 

Holding above $3.18 remains essential, since losing that ground would weaken this setup. With confirmation of the wedge retest and improving technicals, the structure now leans heavily toward continuation.

Importantly, the long-term SUI price outlook remains constructive, supported by strengthening technical structures across multiple timeframes.

SUI/USDT 4-Hour Chart (Source: TradingView)
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Nasdaq-Listed Giant Deepens SUI Bet With Expanding Treasury and Institutional Backing

Nasdaq-listed SUI Group Holdings, formerly Mill City Ventures, has expanded its holdings with another twenty million SUI purchase. This addition lifts its total treasury beyond 101.7 million tokens, valued near $344 million. 

Such moves reflect deep conviction, as few public firms broaden crypto exposure at this scale without long-term confidence. The buy also reduces available supply on exchanges, reinforcing the tightening conditions reflected in the charts. 

Institutional weight not only strengthens credibility but also expands the token’s presence into traditional finance circles. Retail interest may fluctuate, yet corporate accumulation anchors demand. With these moves, SUI’s role as more than a speculative asset becomes clearer. 

As earlier reported by CoinGape, Sygnum Bank committed to offering institutional-grade services for SUI, while Galaxy Digital partnered with Mill City Ventures to manage a $450 million treasury. Together, this highlights the expanding institutional framework around the token. The firm’s actions emphasize a strategic, long-term vision for adoption.

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Summary

SUI price has confirmed strength across both weekly and intraday setups, with technicals and institutional backing converging. The $4.30 resistance remains the decisive level, and clearing it would unlock far greater upside. With the analyst calling for a $10 target and Nasdaq-listed SUI Group Holdings expanding its stake, the case for continuation grows stronger. The evidence leans firmly toward a breakout, positioning SUI for its next significant advance.

Frequently Asked Questions

Nasdaq-listed SUI Group expands holdings to 101.7M SUI, signaling deeper institutional conviction.

The weekly chart shows an ascending triangle, reinforcing strong structural support above $3.10.

Why is SUI Group Holdings’ recent purchase significant?

The Nasdaq-listed firm added 20M SUI, expanding its total treasury to 101.7M tokens.

How are institutions like Sygnum Bank and Galaxy Digital involved in SUI?

Sygnum Bank provides institutional-grade services, while Galaxy Digital oversees a $450M SUI treasury.
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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

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Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
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