SUI Bulls Target 20% Upside as Quantum Upgrade Adds Fresh Momentum

3 hour ago 2 sources neutral

Key takeaways:

  • Bullish MACD divergence on weekly charts suggests weakening selling pressure, yet low volume undermines upside conviction.
  • Foundation buybacks of 9,000 SUI on August 8 may cushion downside, but $0.60 remains critical support.
  • A decisive breakout above $0.75 could propel SUI toward $0.83, but a false move risks trapping bulls.

SUI is attempting a recovery from months of heavy selling pressure, with the token trading near $0.69 after finding support at $0.65. The immediate challenge lies in the $0.72 – $0.75 resistance zone, marked by a descending trendline. A decisive breakout above this area could put the $0.83 target in focus — roughly a 20% upside from current levels — with some analysts eyeing $0.85 as well.

Despite weak momentum indicators (RSI at 44, CMF at -0.09), bullish MACD divergence is emerging across daily, three-day, and weekly timeframes. Crypto analyst Michaël van de Poppe noted this pattern signals weakening selling pressure. However, low trading volume still raises caution, and a drop below $0.60 could invalidate the recovery setup, exposing support near $0.40–$0.50.

Adding to the long-term narrative, Sui is advancing its quantum-resistant infrastructure. The network confirmed plans to integrate two NIST-approved signature schemes: one for regular user accounts and everyday transactions, and another for high-value Move-based vaults. Quantum-safe vaults are expected to reach mainnet later in 2026, with native quantum-safe accounts following in 2027. The Sui Foundation also increased buyback activity, purchasing 9,000 SUI on August 8 — its second-largest single-day buyback, according to analyst ToreroRomero. These developments are strengthening the project’s security and institutional appeal.

Previously on the topic:
Aug 7, 2026, 7:04 a.m.
SUI, XRP, and TAO Face Critical Support Levels Amid Bearish Momentum
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