SUI Token Hangs in Balance as Critical Resistance at $0.85 Looms
The SUI token is facing a critical test at the $0.85 level, which analysts believe could determine its trajectory in the coming sessions.
According to Crypto Feras, a technical analyst, this resistance barrier is crucial for confirming bullish momentum. If SUI successfully breaches and holds above $0.85, it could reach an initial upside objective of $1.07, with sustained momentum pushing prices toward $1.34.
However, without a definitive breakout confirmation, the asset remains vulnerable to rejection pressures and extended consolidation patterns.
Institutional appetite for SUI has been evident through 12 consecutive weeks of net positive ETF inflows, which have collectively accumulated over 9.30 million SUI tokens since June.