SUI Price Breaks Downtrend as $1 Target Looms

The SUI price has broken above its year-long descending trendline and reclaimed the 100-day SMA at $0.7711, giving bulls something to work with after months of trading near the bottom.

With a major increase in market capitalization, SUI's TVL has fallen heavily from its peak but Phantom will end SUI support on September 24, 2026.

The next obstacle is $0.8936, the 1.0 Fibonacci extension, with a daily close above that level putting $1 firmly within reach for the SUI price.