Sui (SUI) has gained 13.07% in 24 hours, reaching $1.12 as it tests a key resistance zone. According to CoinGecko data, the token recorded $1.44 billion in 24-hour trading volume and a 39.77% weekly gain.
The price movement reflects what analysts describe as an early reversal attempt following months of consolidation. Crypto analyst Dami-Defi identified SUI's reclamation of the 0.81–0.83 zone on the three-day chart as significant. This area previously served as support before converting to resistance following a June breakdown.
SUI has moved above this zone and is now testing horizontal resistance near $1.07. Dami-Defi noted that confirmation of the recovery setup remains pending, as the current three-day candle remains open. A three-day close above $1.07 could strengthen the continuation pattern.
Technical Levels in Focus
Should the $1.07 resistance break, Dami-Defi identifies $1.15 and $1.25 as successive levels to watch, with upper resistance positioned around $1.34. The 0.81–0.83 zone is identified as the critical floor for maintaining the recovery structure. A loss of this area would weaken the technical foundation supporting the current move.
Ecosystem Developments
Analyst Michaël van de Poppe highlighted network developments alongside the price recovery. He cited gasless stablecoin fees, which allow users to transfer supported stablecoins without paying separate network fees, as a potential driver for payment use cases. Van de Poppe also noted Sui's planned confidential payments feature, which could add privacy to transactions and expand the network's financial applications.
