SUI Price Stalls at Key Resistance as Institutional Demand Builds Through ETFs
The price of SUI has been trading around $0.73 over the past 24 hours, with a market cap of $3.27 billion and a 24-hour trading volume of $736 million.
According to analysts, SUI is approaching a key level that could define its next move, which is the critical resistance at $0.85 on the daily chart.
Crypto analyst Crypto Feras has flagged this level as the one to watch, advising traders to stay patient and wait for a confirmed close above it before entering.
If SUI closes above $0.85, the first price target would be $1.07, with a continuation of buying pressure potentially pushing the price toward $1.34.