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[TECHNOLOGY] · 2 sources

SUI cryptocurrency tests key support as price eyes rally toward $5.36

The SUI token is trading around $0.78‑$0.88 and has moved back into a historic demand zone near $0.80‑$0.90. Analysts note that buyers are defending this support level, which could trigger a short‑term bounce if the price holds. Immediate upside targets are near $0.90, with larger resistance levels identified at $2.02, $4.44 and $5.36, each having historically halted prior rallies.

Meanwhile, the Sui blockchain has surpassed 15 billion total transactions, a milestone driven in part by gas‑less stablecoin transfers that lower user friction. Trading volume on the token has risen sharply, reflecting active participation from both buyers and sellers despite overall weak sentiment. Market participants are monitoring whether the current consolidation will evolve into a broader recovery or lead to further downside.