SUI Eyes $4 as Analyst Tracks Potential Golden Cross Setup

• SUI’s previous golden crosses preceded rallies above 220%, fueling a potential $4 target.
• Snyder watches $1.10 support and a possible move toward $1.33 if Bitcoin maintains its uptrend.
• SUI consolidates near $1.16 as RSI and MACD point to cooling short-term momentum.

SUI is approaching a potential golden cross as its 50-day simple moving average nears a move above the 200-day average. Analyst Ali Charts says the setup could precede a rally toward $4, based on previous crossover patterns. Meanwhile, Lennaert Snyder is tracking shorter-term price levels, including $1.33, as SUI consolidates around $1.16.

Ali Charts Tracks Previous Golden Cross Rallies

According to Ali Charts, SUI is nearing a new golden cross, a technical pattern formed when the 50-day SMA crosses above the 200-day SMA. The analyst identified previous golden crosses in December 2023 and October 2024.

Those crossovers preceded rallies of approximately 240.25% and 222.45%, respectively. Ali Charts estimates that a similar 230% advance could take SUI toward $4 if the pattern repeats.

The current setup follows SUI’s recovery from around 0.68–0.70 in mid-September. The token climbed above $1.00 before reaching approximately 1.25–1.30 between September 18 and 22.

Snyder Watches $1.10 Retest and $1.33 Target

Lennaert Snyder highlighted SUI’s reaction to the $1.10 level, which he had identified as a 50% retracement level. Three days after that assessment, SUI retested the area with limited downside movement.

https://twitter.com/LennaertSnyder/status/2104949908084015162?s=20

Snyder suggested that traders holding long positions consider taking 25% profits and placing stops below the $1.10 low. He set a $1.33 target, conditional on Bitcoin maintaining its local uptrend.

However, Snyder is also watching Bitcoin’s potential move toward $82,000. If that occurs, he identified $1.03 as a previous range-high retest for possible continuation longs.

SUI Consolidates as Momentum Cools

SUI was trading at $1.1607, with its latest four-hour candle gaining 1.12%. After retreating from around 1.27–1.28 toward $1.10, the token stabilized near $1.16. Immediate resistance is at $1.20, followed by the 1.25–1.30 zone. Support remains at $1.10, while 1.00–1.05 forms a broader structural area.

Source: TradingView

Trading volume stood at approximately 12.09 million SUI, below the larger spikes during the rally. The RSI was 51.92, slightly under its 52.26 average, while the MACD read -0.0103 against a 0.0193 signal line. The displayed MACD histogram was also -0.0103, reflecting weaker short-term momentum.