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SUI price holds $0.73 support as ETF flows stay positive for 12 weeks

SUI price holds $0.73 support as ETF flows stay positive for 12 weeks

CointurkCointurk2026/08/29 17:21
By:Cointurk

SUI, the native token for the Sui blockchain developed by Mysten Labs, is holding near a tightly clustered support region between $0.73 and $0.76. Multiple short- and medium-term moving averages converge in this area, creating a technical foundation that analysts say is critical for the token’s current recovery attempt.

Technical breakout and key resistance

On the upside, SUI faces resistance around $0.80. Recent technical analysis from market participants such as InvestorJordan signals renewed bullish attention after SUI’s four-hour chart broke above a descending trendline. The price responded positively near the 100-period moving average, fueling speculation about further short-term gains.

Technical strategist Finsends has identified $0.75 as a potential accumulation zone, while a major trendline breakout is positioned near $1.15. Despite visible strength on the four-hour chart, the daily timeframe shows SUI still trading below significant long-term moving averages, including the 100-period EMA at $0.784 and 200-period EMA near $0.986.

Sustaining a move above $0.80 would be seen as more meaningful than the trendline breakout itself, given the horizontal resistance at that level and the need for confirmation on longer timeframes.

Short-term averages cluster around current levels, with the 100-period SMA at $0.755 as SUI trades just below it near $0.745. A move above $0.80 could pave the way for tests of $0.85, $0.95, and potentially $1, according to analysts monitoring technical resistance zones.

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Key Level Support / Resistance
$0.73-$0.76 Support
$0.80 Resistance
$0.85 Resistance
$0.95 Resistance
$1.15 Long-term trendline breakout
$0.64-$0.67 Major historical support

ETF inflows and institutional participation

Institutional demand has underpinned the recent SUI price action. Glassnode, a leading on-chain analytics provider, reported that U.S.-listed spot SUI ETFs have amassed over 9.3 million tokens across three funds without any net outflows for 12 consecutive weeks. The persistent accumulation through regulated vehicles suggests continued interest regardless of price fluctuations.

Glassnode’s data reveals that three U.S. spot SUI ETFs maintained 12 straight weeks of inflows, collectively adding more than 9.3 million SUI since June.

Sui’s ecosystem has expanded through high-profile integrations, most notably with tZERO, a firm specializing in regulated digital asset securities. This move broadens Sui’s exposure to institutional finance, offering regulatory-compliant tools for issuance, custody, and settlement of security tokens.

Mini dictionary: tZERO is a blockchain-based platform that provides end-to-end infrastructure for the issuance and trading of regulated digital securities, connecting traditional finance practices with asset tokenization.

Additionally, the Sui Foundation has partnered with Securitize and Neuberger to bring a tokenized high-income fund to Sui and related networks, further reinforcing its institutional narrative.

Momentum indicators and mixed signals

Momentum indicators currently present a nuanced picture. The daily RSI hovers near 51, suggesting a balance between buyers and sellers. Stochastic readings are neutral, while the Stochastic RSI remains oversold. Meanwhile, the MACD is slightly positive and the ADX indicates that trend strength is building but not yet extreme.

Daily Bollinger Bands stretch from $0.609 to $0.849, highlighting elevated volatility. The average true range sits at approximately 6.5% of the price, signaling that SUI could see pronounced swings in either direction depending on shifts in sentiment and order flow.

Support and downside risks

The immediate support band is anchored at $0.726-$0.735, which is buttressed by the SuperTrend level and a cluster of short-term moving averages. Breaching this zone would shift focus to the $0.712 and $0.699 levels, with a more significant historical support area between $0.64 and $0.67. Analysts such as Finsends highlight $0.64 as a key threshold that would need to withstand any sharp sell-offs to preserve the current technical structure.

A continued breakdown below $0.73 could undermine the short-term bullish scenario, possibly leading to an extended decline toward historical support if momentum fails to recover.

Outlook: Technical crossroads for SUI

SUI’s chart depicts a standoff between improved short-term momentum and persistent resistance from longer-term moving averages. The trading setup remains cautiously constructive, supported by consistent ETF inflows and ongoing institutional partnerships. However, until SUI decisively moves above $0.80 and holds the level as support, the prospect of a sustained trend reversal remains uncertain.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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