The SUI price today is trading around $3.63, struggling to gain bullish momentum after an intense selloff from the $4.20 zone earlier this week. While the correction has pulled SUI price toward a key confluence of supports, the broader trend remains volatile as traders eye a directional break from the narrowing wedge visible on the intraday charts. SUI price forecast (Source: TradingView) The recent rejection near the upper Bollinger Band and descending trendline resistance has added short-term pressure. However, major moving averages and longer timeframe retracement zones continue to hold beneath price, suggesting the possibility of a reactive bounce if support levels sustain. What’s Happening With SUI’s Price? SUI price forecast (Source: TradingView) After failing to sustain above $4.00 earlier in the week, SUI price action has shifted into a downward consolidation phase, forming lower highs and flattening out near the $3.60–$3.65 mark. On the 4-hour chart, SUI is compressing within a descending triangle, with overhead resistance at $3.71 and support near $3.52. The price is trading below the 20/50/100 EMA cluster but remains above the key 200 EMA, which lies near $3.52. SUI price forecast (Source: TradingView) The Fibonacci retracement from the $5.36 high to the $1.71 low places the 0.618 zone at $3.91, which served as a rejection level on the daily time frame. Meanwhile, the 0.5 retracement at $3.54 and the 0.382 at $3.11 have turned into short-term pivots as the pair oscillates between supply and demand zones. Indicators Signal Range-Bound But Heavy Setup SUI price forecast (Source: TradingView) Momentum indicators reflect indecision across multiple timeframes. The 30-minute RSI sits at 42.5, showing mild bearish bias without being oversold, while the MACD remains under pressure with a weak histogram and flat moving averages. SUI price forecast (Source: TradingView) On the Stoch RSI, we observe a soft crossover below 50, suggesting ongoing bearish control unless a reversal spike occurs. Meanwhile, the Chande Momentum Oscillator prints –23.25, confirming bearish drive but without aggressive selling—hinting at passive distribution rather than panic-driven exits. SUI price forecast (Source: TradingView) The Ichimoku Cloud paints a bearish short-term outlook, with price stuck below the cloud and Tenkan-sen/ Kijun-sen flattening, while the future cloud is sloped negatively. However, the lagging span is close to current price, meaning a sharp bullish candle could disrupt the setup. The Bollinger Bands are tightening on the 4-hour frame, reflecting growing compression in SUI price volatility. The last lower wick bounce from the $3.52 band midline and support rebound indicates buyers are still active near support. Why SUI Price Going Down Today? SUI price forecast (Source: TradingView) The question is: Why SUI price going down today despite the overall bullish structure in May? The current dip appears to be a reaction to multiple failed attempts to reclaim the $4.00–$4.20 supply wall, where rejection candles printed large wicks followed by volume drop-off. Additionally, altcoin sentiment has cooled down as Bitcoin and Ethereum hover near key resistances. Macro caution is also weighing in. With the U.S. macro calendar showing mixed economic signals and crypto options expiry around the corner, risk-on appetite has temporarily dried up. As a result, coins like SUI, which have seen high price spikes, are seeing a mean-reversion. SUI Price Prediction for May 25 SUI price forecast (Source: TradingView) The short-term trajectory for SUI remains neutral to slightly bearish unless bulls reclaim $3.71 with volume. If they do, the next resistance lies at $3.91 followed by $4.20. A break below $3.52 could expose the price to deeper support near $3.26 and then the Fib 0.382 level at $3.11. However, a bounce from the wedge base could still be in play, especially if the momentum resets and volume returns over the weekend. Technical Indicator Value/Status SUI price today $3.63 Resistance levels $3.71, $3.91, $4.20 Support levels $3.52, $3.26, $3.11 RSI (30m) 42.58 (bearish bias) MACD (30m) Slightly negative Bollinger Bands (4H) Tightening range Ichimoku Outlook (30m) Bearish Cloud Span Momentum Oscillator -23.25 (mild bearish) 200 EMA (4H) $3.52 (key pivot) Fib 0.5 & 0.382 $3.54, $3.11 While the broader SUI price structure remains resilient from an April–May breakout lens, the short-term consolidation signals that price may continue to coil until a break of either $3.52 or $3.71 occurs. Traders should watch for volume spikes and momentum shifts to validate any directional breakout from the current wedge structure. 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