Sui (SUI) is trading near $0.72 after falling roughly 4% in the past 24 hours and 7% over the past seven days, although the token remains up about 5% over the last 30 days. Traders are focused on the $0.70–$0.71 support zone, with analysts suggesting a successful hold could open a path toward $0.84–$0.85 and possibly $0.92.
Crypto analyst Ali Martinez highlighted a TD Sequential buy signal on SUI's 12-hour chart, noting that the same indicator previously appeared before a 17% rally. Martinez said he would buy SUI again if $0.71 holds, with his channel target at $0.84. Analyst Bitguru similarly identified the $0.70 support area as key, with $0.85 as the initial upside target and $0.92 as the next level. Michaël van de Poppe said he remains positive, adding that if support holds and SUI grinds back to $0.85, prices above $1 could come back into focus.
Futures activity is currently outpacing spot trading, which can amplify price moves through liquidations if leveraged positions unwind. On the institutional side, the 21Shares Sui ETF (TSUI) began trading on Nasdaq on February 24, 2026, and CME Group launched SUI and Micro SUI futures in May. The Sui network has surpassed 16.17 billion lifetime transactions as of September 13, and the stablecoin market cap on Sui moved above $463 million, up 8.85% over seven days, with USDC accounting for roughly 64% of that total.
The Sui Foundation has bought back more than 609,800 SUI tokens since the start of the year, funded by on-chain stablecoin profits, with tokens returned to the ecosystem rather than burned. Monthly token unlocks of around 64 million SUI continue to add supply pressure. CoinMarketCap lists a circulating supply near 4.09 billion against a maximum supply of 10 billion.
