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Home»Analysis»Such Hype develops as the price of prices points to a rally: $ 4 level of focus
Analysis

Such Hype develops as the price of prices points to a rally: $ 4 level of focus

May 2, 2025No Comments5 Mins Read
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SU is now negotiated at a central level after having confirmed a bullish structure on the short -term graph. After a strong resumption of its local hollows in early April, the layer 1 has regularly climbed, showing clear signs of renewed investors. However, although the ascending trend remains intact, the resistance area at $ 4 is the next major obstacle that bulls must overcome to confirm a decisive break.

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The feeling of the market has evolved while altcoins find the force alongside Bitcoin consolidation over $ 95,000. In this context, Suis has become one of the strongest artists. However, the challenge consists in cleaning the level of $ 4 with the volume, which could more unlock the upward potential and pave the way for the discovery of prices.

The upper analyst Kaleo shared a insightful analysis on X, noting that SU is growing and seems ready to recover the $ 4 bar soon. According to Kaleo, this level could act as the launch of the following leg, provided that the bulls maintain the pressure and the volume supports the movement. The uncertainty by macro always disturbing the larger market, the next Action of SUP price could serve as a barometer with the short -term Altcoin force.

Sui leads altcoins while bulls target $ 4

Suis has become one of the most resilient and promising layer 1 (L1) blockchains in the current market cycle. A layer 1 blockchain refers to the fundamental network infrastructure of a blockchain ecosystem – the examples include Ethereum, Solana and now SU. These platforms house intelligent contracts and decentralized applications (DAPP), and their strength often defines the amount of activity of developers and the commitment of the users they attract. In this context, Suis is positioned as a serious competitor in the competitive L1 space.

In the midst of growing volatility and macroeconomic uncertainty, Suis has remarkably resistant, showing strength even if other altcoins remain trapped in consolidation. Its relative force against Bitcoin – often a key indicator of the Altcoin ignition – has not gone unnoticed. Kaleo recently noted that SU has a solid performance compared to BTC and seems ready to recover the level of $ 4, a major resistance area that has crowned the advantage for weeks. A net break greater than $ 4 could trigger a wider rally, especially if market conditions remain favorable to altcoins.

Such testing a crucial resistance | Source: Kaleo on x
Such testing a crucial resistance | Source: Kaleo on x

However, despite the bruise signals, the risks remain high. Some analysts warn that the market could face another retirement while global tensions and uncertain liquidity conditions continue to shape the feeling. In such an environment, investors are watching closely to see if SUP can challenge the trend. Its recent force suggests that it could surpass other L1s during the next phase of the market, especially if the capital runs in high potential altcoins.

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With an interruption structure intact and a volume starting to build, Suis could be one of the first major altcoins to lead – if the escape above $ 4 confirms.

The price has a key support before the breakup test

SU is currently negotiated at $ 3.46, a holding company closed above the 200-day mobile average (MA), which is around the level of $ 3.25. This key technical support acted as a solid base during the recent volatility, indicating that the bulls still maintain control of the short -term structure. As long as suis remains above this area, the possibility of continuation remains intact.

Price trading less than $ 4 | Source: Suiusdt Chart on tradingView
Price trading less than $ 4 | Source: Suiusdt Chart on tradingView

The next major obstacle is at the $ 4 mark – a level of psychological and technical resistance that has rejected prices progress several times in recent weeks. A decisive escape greater than $ 4, followed by a fence above the $ 4.20 zone, would confirm an upward configuration and could further trigger the momentum towards new heights.

However, caution is justified. If SUP does not take up $ 4 and slips below the $ 3.20 level, it can test a deeper support near the $ 2.80 area. The loss of this range could change feelings and open the door to a wider correction, especially if the weakness returns to the overall market of Altcoin.

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For the moment, the bulls are in a resistance position, but confirmation requires sustained purchase pressure and a clean rupture above the resistance to general costs. The upcoming sessions will be essential to determine if SUD can direct the next Altcoin rally.

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