What to know:
- SUI trading volume jumps 87% to $380M+, showing rising investor interest and stronger market participation.
- A breakout above key resistance levels suggests renewed accumulation and the start of an upward price phase for SUI.
- Analysts mark the $0.87–$0.88 zone as key support, with stability above it strengthening continuation signals.
Sui (SUI) is moving in an upward price trajectory as the general trend in the crypto market is turning from bearish to bullish. According to CoinMarketCap, the SUI price has surged by 5.6% over the last 24 hours and 1.92% over the last week.
At the time of writing, SUI is trading at $0.8990, supported by a trading volume of $380.73, which has surged by 87.25% over the last 24 hours. However, its market capitalization stands at $3.55 billion, which is also up by 5.6%.
Source: CoinMarketCap
Also Read: SUI Eyes $0.90–$0.92 After Stabilizing at $0.85 Support Level
SUI Shows Bullish Momentum Above Key Support
However, the crypto analyst BitGuru revealed that SUI is turning again as price action suggests the move may not be finished.
After a period of tight consolidation, SUI has broken upward and reclaimed key support levels, signaling renewed strength. This breakout structure often reflects accumulation and the potential start of a fresh directional phase.
Source: BitGuru’s X Post
Traders are now focused on the 0.87–0.88 zone, which acts as immediate support. Holding above this level would increase the likelihood of continued upside momentum as buyers defend the breakout.
If sustained, the structure favors further gains, while a loss of support could return the price into consolidation and delay continuation of the bullish trend.
SUI Accumulation Phase Hints at Next Big Rally
Moreover, the data from Sui Community revealed that SUI is once again attracting market attention as traders observe renewed accumulation around key demand zones.
After previously rallying from around $0.50 in 2023 to nearly $5, the token established a strong historical performance that continues to influence current sentiment and trading expectations.
Source: Sui Community’s X Post
SUI seems to be the talk of the town regarding whether the cryptocurrency will break out into another level soon, with some predicting that this will happen if the momentum continues.
Accumulation by whales and narrowing down the price level are helping create bullish sentiment, but crypto investors have been warned that it can go both ways.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Also Read: SUI Tests $0.84 Support as Selling Pressure Signals Rebound Toward $0.86–$0.88
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