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SUI Eyes Old ATH After 7% Daily Jump, Is a Big Rally Coming?

SUI price chart

TL;DR

  • SUI trades close to $3.83 after a 7% acquire, testing the highest of the downtrend channel resistance.
  • The Google-backed protocol by Mysten Labs provides consideration as consolidation continues above key help zones.
  • SUI’s TVL holds above $2.1B, with constant capital influx and renewed bullish curiosity from analysts.

Price Moves Toward Key Resistance

SUI gained 7% within the final 24 hours, reaching $3.83. The buying and selling quantity for a similar interval was over $1.7 billion. Over the previous week, the token is up 5%. The value is now testing the highest of a downtrend channel that has held since earlier this 12 months.

Chart evaluation reveals that SUI is approaching the higher boundary of the construction. Crypto analyst Rekt Capital said,

“SUI is on the cusp of breaking out from this Downtrending Channel (gentle blue). A breakout would see SUI revisit the outdated All Time High space.”

Notably, the earlier high sits close to $5.35. SUI has fashioned a collection of upper lows in current weeks. These strikes counsel rising curiosity from consumers. The high of the channel, close to $3.80, is a key space. If the value strikes above this stage and holds, it might open the best way towards larger ranges.

SUI price chart
Source: Rekt Capital/X

If the breakout fails, SUI may transfer again to help close to $3.40. Below that, the following vary sits between $2.33 and $2.00. This zone acted as a sturdy base earlier within the 12 months and should accomplish that once more if examined.

Google Partnership Adds Fuel

Recent developments across the SUI community have drawn consideration to the mission. Google introduced its Agents Payments Protocol, constructed by Mysten Labs, which is the workforce behind SUI. Analyst Michaël van de Poppe commented,

He additionally famous the present development, saying there may be “nice consolidation earlier than a large breakout.” The value has moved inside a tight range for a number of weeks whereas forming a clear help construction.

Platform Usage Remains Strong

SUI’s Total Value Locked (TVL) is $2.116 billion as of September 18, 2025, in line with DeFiLlama. TVL reached new highs earlier in the summertime and has stayed above $2 billion since then.

SUI TVL
Source: DeFiLlama

Net inflows on the newest day got here in at $3,852. While that is a small determine, total capital within the ecosystem has remained regular. Analyst Kaleo said,

“Still imagine it’s solely a matter of time earlier than we see SUI escape of the vary it’s been accumulating in… and make a run forever highs vs. BTC.”

The submit SUI Eyes Old ATH After 7% Daily Jump, Is a Big Rally Coming? appeared first on CryptoPotato.

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