- SUI faced a sharp 85 percent fall from $3.71 to $0.56 in one day as whales caused extreme selling pressure.
- Traders are now looking at $5 and $10 targets after whales cleared short-term liquidity and weak trading positions.
- Analysts believe long-term holders may benefit as SUI regains strength and confidence builds near key resistance zones.
SUI plunged 85% within a single day, collapsing from $3.71 to $0.56 on Binance. The sudden move erased millions in market value, causing widespread liquidations across leveraged positions. Analysts suggest that large holders—known as whales—intentionally triggered this liquidity flush to remove weak hands before the next major price leg.
Trading volume spiked to 481.6 million during the crash, showing heightened volatility and massive trader participation. The steep sell-off was followed by rapid buying near the $0.60 mark, signaling potential accumulation. According to on-chain sentiment, confidence among long-term holders remains strong despite short-term turbulence.
The chart further shows support zones around $0.35 and $0.52, marking potential reentry areas. Fibonacci retracement levels between $0.71 and $1.17 may define upcoming resistance during recovery. As history suggests, such corrections often serve as groundwork for the next bull leg.
Whale Moves and Market Liquidity
The price collapse appears linked to whale activity draining liquidity pools and shaking out leveraged traders. Large sell orders likely triggered cascading stop-losses, amplifying market pressure and forcing long positions to close. After this phase, buy orders reportedly concentrated near $0.56–$0.60, implying institutional interest.
Crypto analysts describe this event as a “perfect bottom picker setup,” similar to prior flushes seen in 2023–2024 bull consolidations. With market leverage reset, traders expect volatility to ease as accumulation resumes.
SUI’s support held firm at $0.357, showing the market’s resilience after extreme pressure. The $2.13 Fibonacci zone now represents a critical resistance that could confirm a bullish reversal if broken decisively.
Historical patterns suggest that when whales remove excess leverage, tokens often recover faster once weak holders exit. This event reflects similar accumulation patterns observed before 5,000% rallies in altcoins during previous cycles. Could this mark the foundation for SUI’s next parabolic run?
Analysts remain confident that the shakeout phase will strengthen price structure. The removal of short-term traders may allow organic growth, supported by upcoming ecosystem developments and liquidity return.
Long-Term Targets Indicate a Bullish Path
CryptoPatel’s super long-term chart projects potential highs of $5.06, $50.68, and even $100.29 under full bull-market extensions. The target aligns with Fibonacci projections that historically correspond with multi-year uptrends. The current bull market target stands near $5.45, offering a near 1,388% upside from recent lows.
Two key accumulation points—marked as “First Entry” and “Second Entry”—suggest a laddered approach for investors preparing for a gradual recovery. These entries align with previous market cycle bottoms. A similar structure in 2023 preceded an 800% advance within six months.
The chart’s projection shows price gradually recovering through 2026, reaching higher highs with each phase. Analysts forecast that once SUI surpasses $2.13 resistance, momentum may accelerate toward the $5 region.
Long-term investors appear undeterred, as sentiment across trading platforms indicates faith in the project’s potential rebound. Volume data and RSI patterns further indicate signs of recovery. With patience and reduced volatility, market participants anticipate steady upward movement through the following year.
While short-term swings remain unpredictable, many traders consider sub-$1 levels as a potential accumulation opportunity within the broader bullish narrative.
