TLDR
- SUI fell below $1.00 on Oct. 15, trading near $0.977, down about 4.3% on the day.
- About $959 million in crypto positions were liquidated in 24 hours, with $879.71 million from longs.
- U.S.-listed SUI investment products logged five straight weeks of net inflows, adding about 14 million SUI.
- The $0.95-$1.00 zone is now being tested as support, with $0.78-$0.84 below it.
- Samsung Wallet plans to bring USDC on Sui to 82 million U.S. Galaxy devices.
Sui (SUI) dropped below the $1.00 level on Oct. 15 as a broad crypto selloff pushed altcoins lower. On the Binance daily chart, SUI opened near $1.022 and reached about $1.025. It then fell as low as $0.963 and traded around $0.977.
The token is down roughly 4.3% on the day. The drop follows a September rally that took SUI from around $0.68 to almost $1.30.
The rising trendline that supported that advance has now broken. Price has moved back into the $0.95-$1.00 area, which was resistance before the September breakout.
Liquidations add pressure
The wider market has seen a heavy leverage flush. About $959.43 million in crypto positions were liquidated over 24 hours. Long positions made up $879.71 million, while shorts accounted for $79.72 million.
In the past four hours alone, liquidations reached $521.99 million. Of that, about $490.56 million came from bullish positions.
Analyst Crypto Patel posted that SUI’s first accumulation zone delivered a 103% gain. He said SUI is now nearing the next re-entry zone between $1 and $0.75.
$SUI Could Target $5 and $10 If Bulls Reclaim This Key Level!
Our first #SUI accumulation zone delivered a massive 103% gain. Now, SUI is approaching our next re-entry zone at $1–$0.75.
Bullish Flip Confirmation: $1.4223
Target 1: $2.65
Target 2: $5.36
Bull Market Target: $10… pic.twitter.com/K6NB3elzcn— Crypto Patel (@CryptoPatel) October 15, 2026
Patel is waiting for SUI/USDT to reclaim $1.4223 as bullish confirmation. His targets start at $2.65 and $5.36, with a bull market target of $10 and a macro target of $20.
ETF flows and network activity
Institutional demand has stayed firm. U.S.-listed SUI investment products have recorded five consecutive weeks of net inflows, according to recent reporting. The funds gathered about 14 million SUI in that time.
Bitcoin and Ethereum products recently saw outflows. SUI’s price is falling while these funds continue to buy.
On-chain activity is also steady. Recent ecosystem data showed DeFi total value locked above $1.2 billion. Trading remains busy on protocols such as DeepBook.
Samsung Wallet has announced it will support USDC on Sui across 82 million U.S. Galaxy devices. Eligible users will be able to hold and send USDC through the wallet using Sui’s gasless stablecoin transfers.
On Oct. 12, the Sui Foundation said DATA Network and its Trace AI-data registry are moving onto Sui and Walrus. Trace has registered more than 250 million data contributions and processes over three million receipts a day on average.
Hashi’s mainnet rollout is set to begin this month with more than $500 million in committed capital. Anchorage Digital has joined a coalition of more than 20 institutional partners.
Chart analysis
The daily chart shows $0.95-$1.00 as a former resistance zone now being tested as support. Daily RSI sits at 43.92, below the neutral 50 mark but above oversold levels. MACD is bearish, with the line near 0.0195 under the signal line near 0.0513, and the histogram at about -0.0318.
Bulls first need to reclaim $1.00-$1.05, then $1.10-$1.15. If $0.95 fails, the next support zone is $0.78-$0.84. The level to watch next is the daily close relative to $0.95.
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