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Sui Network targets $0.75 resistance amid Hashi testnet growth
Sui (SUI) is showing signs of renewed bullish momentum as it seeks to break through resistance levels between $0.72 and $0.75. Analysts have identified potential upside targets of $0.83 to $0.85, noting bullish MACD divergences across daily, three-day, and weekly timeframes which may indicate weakening selling pressure.
On the technical side, the network is undergoing a quantum-resistant upgrade to strengthen long-term infrastructure and security. Additionally, the expansion of the Hashi testnet is driving significant network activity. Within the Bitcoin Signet testing environment, Hashi testing has accounted for more than half of all transactions over the past two weeks, facilitating over 1.1 million deposit transactions and approximately 165,000 withdrawals since its launch.