SUI cryptocurrency faces $1.36 resistance level

SUI is currently navigating a market recovery following a prolonged decline from higher levels in 2025. While the downtrend has reversed, analysts suggest the recovery is not yet sustained. According to Elliott Wave analysis, SUI needs to achieve another high to complete a five-wave recovery pattern; failure to do so could result in a three-wave bounce that leaves the market vulnerable to further losses.

Key resistance is identified near $1.36, while Fibonacci levels near $0.65 and $0.49 serve as potential lower support areas. Recent liquidation data from May, June, and October indicates that significant price movements have forced leveraged traders to exit positions. As of the latest reporting, SUI is trading at approximately $0.99, reflecting a 1.51% increase over 24 hours but a 4.22% decline over the past seven days.