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SUI Basecamp Week Begins Near $1.18 as Traders Eye Breakout

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Sui (SUI) started Basecamp week near $1.18 on October 4, just below a cluster of technical resistance levels.

Traders are watching to see if bullish momentum can turn into a breakout as Sui prepares for its Basecamp 2026 event at Marina Bay Sands in Singapore from October 7-8.

The event comes after Sui announced it would participate in the Linux Foundation's Decentralized Trust and contribute to the Open Tokenized Asset Standard, an interoperability-focused initiative.

Daily indicators are pointing upward, but spot is only one cent below the first listed resistance at $1.19.

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