SUI Price Tests $1.07 Resistance After Reclaiming Key Support Zone

SUI price has been on an upward trend, gaining 39.77% in seven days and reaching $1.12 as traders watch a key resistance zone.

According to crypto analyst Dami-Defi, SUI reclaimed the 0.81-0.83 zone on the three-day chart, which previously acted as support before turning into resistance after the June breakdown.

The analyst views the move as an early reversal attempt and would then watch approximately $1.15 and $1.25 as successive levels, with the upper resistance sitting around $1.34.

Michaël van de Poppe pointed to Sui's network developments alongside the recent price recovery, citing gasless stablecoin fees and confidential payments as factors supporting the network's potential payment use cases.