SUI Basecamp Week Begins Near $1.18 as Traders Eye Breakout
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.