SUI Price Breakout Hinges on $0.85 Resistance as Institutional Demand Remains Strong

The SUI price is showing signs of a potential breakout, with traders waiting for confirmation before entering positions. According to Crypto Feras, the key level to watch is $0.85, where a confirmed daily close above resistance could signal strengthening bullish momentum.

Despite the 4.13% loss over the last 24 hours, steady institutional accumulation through ETF products highlights growing long-term demand for SUI. The data from Ali Charts shows that more than 9.30 million SUI have been collected via these investment instruments since June.

If a successful breakout and daily breach above $0.85 occurs, the possibility of moving towards higher price targets becomes evident, with the first target being $1.07. If more buying pressure follows and the market environment remains favorable, the SUI price may be pushed to $1.34.