Sui Hits $0.80 Resistance as ETF Demand Remains Strong
The Sui cryptocurrency ($0.74 · Live) is facing a crucial short-term resistance at $0.80, while maintaining strong support from ETF products.
A total of over $9.3 million in SUI has been accumulated by spot ETF products in the US for 12 consecutive weeks without net outflows, indicating a steady demand.
The preservation of the $0.73 support level is critical for any potential recovery attempts in the market.
Sui's adoption has expanded through its integration with tZERO and new partnerships, further solidifying its presence in institutional usage on the network.