Markets· ★★· neutral·

Sui (SUI) Tests $1.10 Resistance After Months of Selling

  • SUI is bouncing from the $0.60–$0.70 range after months of selling pressure
  • Key resistance sits at $1.00–$1.10, with next targets at $1.35–$1.45 and $1.75–$2.00
  • Sui TVL stood at about $1.04 billion on September 21, with $185 million in daily DEX volume
  • Gasless stablecoin transfers are live on Sui, with confidential transfers in development
Why it matters: A confirmed break above $1.10 would signal a trend reversal for SUI; failure could send it back to base support near $0.60–$0.70.
Source: Blockonomi