SUI Holds Near $1.18 Ahead of October 3 Unlock of 23.38M Tokens
- —About 23.38M SUI tokens unlock on October 3, equal to 0.2% of supply and 0.6% of market cap
- —SUI trades above its 7-day and 30-day moving averages near $1.17 and $1.16
- —Daily RSI stands at 67.3 and MACD at 0.004, both flashing buy signals
- —Nearest support is $1.1717; resistance sits at $1.1858 and the $1.20–1.21 zone
Why it matters: The October 3 unlock will test demand for SUI: holding $1.1717 keeps the bullish case intact, while a break above $1.1858 opens the way to $1.21.
Source: Crypto Daily