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SUI compresses below $1.30, but $2.55 breakout is still possible – How?

SUI compresses below $1.30, but $2.55 breakout is still possible – How?

AMBCryptoAMBCrypto2026/03/02 07:00
By:AMBCrypto

Sui [SUI] is tightening again, and traders are noticing.

Compression in SUI has a history of ending violently. That pattern has become difficult to ignore as momentum quietly rebuilds across lower timeframes.

The daily MACD has crossed bullish and continues trending higher. Price is now approaching the descending daily trendline near $1.30. Therefore, pressure is building toward a structural decision. Will $1.30 finally give way?

Is SUI’s bullish daily momentum targeting $1.30?

The daily timeframe repeatedly showed that prolonged sideways ranges preceded aggressive expansions. Previous compressions led to rallies of 107%, 63%, and 44%.

Therefore, the current structure feels familiar rather than random.

SUI compresses below $1.30, but $2.55 breakout is still possible – How? image 0

Source: TradingView

Momentum strengthened as MACD crossed bullish and trended upward. Price is testing $1.30, the descending trendline resistance. Failure to break that level would stall upside momentum quickly.

However, bulls continue pressing beneath resistance. Structure is tightening directly under $1.30. Therefore, this level is no longer just technical—it has become psychological.

SUI weekly pennant eyes $2.55 breakout level

On the weekly chart, SUI formed a textbook bullish pennant. Ascending support had been tapped repeatedly and held firmly. Each bounce reinforced structural discipline.

What remained was the final tap on the falling trendline. That level aligned near $2.55. Therefore, a decisive break above $2.55 would invalidate the broader compression.

SUI compresses below $1.30, but $2.55 breakout is still possible – How? image 1

Source: TradingView

Should $2.55 clear cleanly, attention would shift toward the previous all-time high at $5.36. Moreover, breaking $5.36 would open price discovery, where resistance becomes theoretical.

Meanwhile, the higher timeframe MACD approached a bullish crossover. That alignment suggested momentum built beneath price rather than chasing it.

SUI’s $770B trading volume supports the bullish case

SUI surpassed $770 billion in cumulative trading volume in late February 2026. According to DeFiLlama data, the cumulative line crossed this threshold decisively.

SUI compresses below $1.30, but $2.55 breakout is still possible – How? image 2

Source: X

Recent weekly volumes reached $5.9 billion, while 24-hour activity neared $1 billion. As a result, SUI outpaced early 2026 volumes of TRON [TRX]  and Cardano [ADA].

Notably, Total Value Locked reached $569 million, and daily DEX volume touched $98 million. Therefore, liquidity and participation expanded alongside price compression.

Despite volatility, accumulation persisted. This suggested real demand rather than speculative churn.

Final Summary

  • SUI’s structure tightened at $1.30 and $2.55, compressing toward resolution.
  • $770B in trading volume reinforced participation strength beneath the price.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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