SUI Price Setup: Higher Lows Above Key Support as Bluefin DEX Volume Hits October ATH and Stablecoin and BTC TVL Surge

According to @CryptoMichNL, SUI remains above a crucial support zone and continues to form higher lows, indicating a constructive bullish structure for traders, source: @CryptoMichNL. He reports that the Sui ecosystem has expanded in recent months with stablecoin TVL and BTC TVL rising significantly, which he views as supportive for on-chain liquidity and potential demand, source: @CryptoMichNL. He adds that Bluefin DEX volumes reached new all-time highs in October, signaling stronger trading activity in the Sui ecosystem, source: @CryptoMichNL. He also notes that Grayscale Trusts have been established for multiple projects, which he believes is constructive for broader market sentiment, source: @CryptoMichNL. Based on these factors, he believes SUI could attempt a new ATH if broader markets reverse and considers current levels a bargain entry zone, source: @CryptoMichNL.
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The cryptocurrency market continues to show resilience, with SUI emerging as a standout performer amid broader market fluctuations. According to crypto analyst Michaël van de Poppe, the structure on SUI remains unchanged, holding firm above a crucial support zone while consistently forming higher lows. This technical setup suggests a strong foundation for potential upward momentum, especially as the overall market begins to reverse. Van de Poppe highlights that SUI is poised to reach a new all-time high (ATH) in the coming period, driven by significant ecosystem developments over the past few months. Key factors include the establishment of Grayscale Trusts for multiple projects within the SUI ecosystem, a massive increase in stablecoin total value locked (TVL) alongside BTC TVL, and surging volumes on Bluefin DEX, which hit new all-time highs in October. These elements paint a picture of a highly bullish and promising ecosystem, making current SUI price levels appear as a compelling bargain for traders looking to capitalize on long-term growth.
SUI Technical Analysis: Key Support Levels and Trading Signals
Diving deeper into SUI price analysis, the token's ability to maintain position above its critical support zone is a key trading signal for investors. As of October 15, 2025, when van de Poppe shared his insights, SUI was demonstrating a pattern of higher lows, which is often indicative of accumulating bullish pressure. This structure is particularly important in cryptocurrency trading, as it signals that buyers are stepping in at progressively higher prices, preventing deeper corrections. For traders, this presents opportunities to enter long positions near these support levels, with stop-loss orders placed just below the crucial zone to manage risk. If the broader crypto market reverses—potentially influenced by positive macroeconomic indicators or Bitcoin's performance—SUI could break out towards new ATHs. Historical data shows that ecosystems with strong fundamentals, like SUI's, often lead rallies; for instance, the integration of Grayscale Trusts adds institutional credibility, which could attract more capital inflows. Traders should monitor SUI/USDT and SUI/BTC pairs on major exchanges, watching for volume spikes that confirm breakout potential. Resistance levels to watch include previous highs around the $2.50 mark, with a breakthrough possibly targeting $3.00 or higher based on Fibonacci extensions from recent lows.
Ecosystem Growth Driving SUI Trading Opportunities
The explosive growth in SUI's ecosystem is not just hype but backed by tangible metrics that savvy traders can leverage. Stablecoin TVL has surged massively, indicating increased liquidity and user activity within the network, which directly correlates with higher trading volumes and price stability. Similarly, the rise in BTC TVL suggests cross-chain integrations are gaining traction, positioning SUI as a hub for Bitcoin-related DeFi activities. Bluefin DEX's achievement of all-time high volumes in October underscores this momentum, as higher DEX activity often precedes price pumps in altcoins. From a trading perspective, these developments reduce downside risk and enhance upside potential, making SUI an attractive spot for swing trades or long-term holds. Institutional flows, spurred by Grayscale's involvement, could lead to increased volatility—positive for day traders scalping on 15-minute charts. On-chain metrics, such as rising active addresses and transaction counts, further validate this bullish narrative, suggesting that SUI is undervalued at current levels. Traders might consider dollar-cost averaging into SUI during dips, aiming for a 20-30% gain as the market sentiment shifts bullish.
Looking at broader market implications, SUI's performance could influence correlated assets like other layer-1 tokens, creating arbitrage opportunities across pairs. For stock market enthusiasts eyeing crypto correlations, SUI's ecosystem strength mirrors trends in tech stocks with blockchain exposure, potentially amplifying gains during risk-on periods. However, risks remain, such as market-wide corrections if Bitcoin fails to hold its support. Van de Poppe's view that SUI offers a bargain price emphasizes the importance of timing entries. In summary, with its robust technicals and ecosystem advancements, SUI stands out as a prime candidate for traders seeking high-reward setups. By focusing on support zones, volume indicators, and on-chain data, investors can navigate this opportunity effectively, potentially riding the wave to new ATHs.
Potential Risks and Strategic Trading Tips for SUI
While the outlook is optimistic, prudent trading requires acknowledging potential risks in the volatile crypto landscape. If the market reversal delays, SUI could test its support zone more aggressively, leading to short-term pullbacks. Traders should use tools like RSI and MACD to gauge overbought conditions, ensuring entries are timed with confirmation signals. For those integrating SUI into a diversified portfolio, pairing it with stable assets like BTC can hedge against downside. Long-term, the ecosystem's growth—fueled by Grayscale Trusts and DEX volumes—positions SUI for sustained appreciation, but always trade with position sizing that aligns with your risk tolerance. As van de Poppe notes, this is one of the most promising ecosystems in years, offering bargain entry points now for substantial future returns.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast