TLDR:
- SUI price gained 39.77% in seven days, with $1.12 now testing the $1.07 resistance.
- Dami-Defi sees $1.15, $1.25 and $1.34 as potential levels after a $1.07 breakout.
- The 0.81–0.83 zone remains key support for SUI’s developing recovery structure.
- Michaël van de Poppe cited gasless fees and confidential payments as Sui ecosystem drivers.
Sui (SUI) has climbed 13.07% in 24 hours, reaching $1.12 as traders watch a key resistance zone.Â
CoinGecko data shows $1.44 billion in 24-hour trading volume and a 39.77% weekly gain. The move comes as analysts track SUI’s recovery above a former support zone and its next technical barriers.
SUI Price Tests $1.07 Resistance After Reclaiming 0.81-0.83
Crypto analyst Dami-Defi said SUI reclaimed the 0.81–0.83 zone on the three-day chart. That area previously acted as support before turning into resistance after the June breakdown.Â
SUI has now moved above the zone and is testing the next horizontal barrier near $1.07. Dami-Defi views the move as an early reversal attempt after months of basing.
However, the analyst said confirmation remains pending because the current three-day candle remains open. A three-day close above $1.07 could strengthen the continuation setup, according to Dami-Defi.Â
The analyst would then watch approximately $1.15 and $1.25 as successive levels. The upper resistance sits around $1.34 on the referenced chart.
Dami-Defi also identified 0.81–0.83 as the key zone for maintaining the recovery. A loss of that area would weaken the technical structure behind the current move. This creates a clear technical framework around confirmation, continuation, and invalidation levels.Â
Sui’s Network Utility Adds to the SUI Market Narrative
Michaël van de Poppe pointed to Sui’s network developments alongside the recent price recovery. He specifically cited gasless stablecoin fees as a factor supporting the network’s potential payment use cases.Â
Gasless transfers allow users to move supported stablecoins without paying separate network fees, according to his analysis. He also argued that this design could support transfers involving both people and AI agents.
Van de Poppe further highlighted Sui’s planned confidential payments as another ecosystem development. Confidential payments can add privacy to transactions while expanding the network’s potential financial use cases.Â
He connected these developments with Sui’s scalability and broader ecosystem activity. However, those observations represent the analyst’s view rather than a confirmed forecast for SUI’s price.
For now, the SUI price sits at an inflection point. The 0.81–0.83 zone is the line traders are defending. A break below it would undercut the recovery narrative. Holding above it keeps $1.15, $1.25, and $1.34 in play as the next markers to watch.
The post Sui (SUI) Price Eyes $1.34 Resistance After Reclaiming Key Support Zone appeared first on Blockonomi.
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This articles is written by : Nermeen Nabil Khear Abdelmalak
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