{"id":3850,"date":"2025-06-24T12:33:18","date_gmt":"2025-06-24T12:33:18","guid":{"rendered":"https:\/\/bitunikey.com\/news\/sui-posts-double-digit-gains-as-markets-rebound-is-3-back-in-sight\/"},"modified":"2025-06-24T12:33:19","modified_gmt":"2025-06-24T12:33:19","slug":"sui-posts-double-digit-gains-as-markets-rebound-is-3-back-in-sight","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/sui-posts-double-digit-gains-as-markets-rebound-is-3-back-in-sight\/","title":{"rendered":"SUI posts double-digit gains as markets rebound, is $3 back in sight?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">After several consecutive days in the red, the SUI token is showing signs of recovery as a sharp price rebound renews bullish sentiment.<\/p>\n<p>SUI (SUI), the native token of the Sui layer-1 blockchain, has been on the rise in recent hours, posting roughly 15% in fresh gains. The rally marks the end of a month-long losing streak that saw the token break key support levels and drop to new lows.<\/p>\n<p>At press time, SUI trades around $2.79, marking a strong recovery from the week\u2019s low of $2.45. The rebound in the native token is not isolated and comes as investor sentiment improves across the broader crypto market amid easing geopolitical tensions.\u00a0<\/p>\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><picture decoding=\"async\" class=\"wp-image-14391328\" style=\"width:788px;height:auto\"><source type=\"image\/webp\" ><\/source><\/p>\n<\/picture><figcaption class=\"wp-element-caption\">SUI\u2019s price chart |Source: crypto.news<\/figcaption><\/figure>\n<p>While Bitcoin (BTC) and other major altcoins have led the market uptick, SUI stands out as a strong performer, posting double-digit gains that put it roughly 17% above its lowest point this month.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>From a technical perspective, the native token is entering a crucial phase. SUI has been in a strong downtrend for the majority of this month and recently hit a low of $2.29, a price that hasn\u2019t been seen since April.\u00a0<\/p>\n<p>Since then, the price has recovered slightly and is now resting at $2.79, a price right on the edge of the trend lines that can be seen on the chart. If the price continues to go up and goes above the $3 mark, there is the likelihood of a market reversal and increased upward momentum.<\/p>\n<figure class=\"wp-block-image aligncenter size-large is-resized\"><picture loading=\"lazy\" decoding=\"async\" class=\"wp-image-14391324\" style=\"width:788px;height:auto\"><source type=\"image\/webp\" ><\/source><br \/>\n<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"699\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/06\/1750768398_737_SUI-posts-double-digit-gains-as-markets-rebound-is-3-back.png\" alt=\"SUI posts double-digit gains as markets rebound, is $3 back in sight? - 2\">\n<\/picture><figcaption class=\"wp-element-caption\">SUI\u2019s market trend |Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/VFgmXGfd\/?symbol=BINANCE%3ASUIUSDT\" target=\"_blank\">TradingView <\/a><\/figcaption><\/figure>\n<p>After that, the next challenge will be to cross the Target 1 price, which was the last local high that was seen during the current downtrend, and the Target 2 price will be the subsequent challenge.\u00a0<\/p>\n<p>On the flip side, if momentum stalls, the first level to watch is $2.70, where a local low recently formed. A drop below this area could signal a strong bearish pressure and potentially send the price to the $2.39 low.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>After several consecutive days in the red, the SUI token is showing signs of recovery as a sharp price rebound renews bullish sentiment. SUI (SUI), the native token of the&hellip;<\/p>\n","protected":false},"author":1,"featured_media":851,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=3850"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3850\/revisions"}],"predecessor-version":[{"id":3851,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3850\/revisions\/3851"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/851"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=3850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=3850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=3850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}