SUI news: Resistance at $3.502 in focus — failure to hold risks renewed selling pressure

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Sui Surges 8.88% Today to $3.55

Highlights

Sui (SUI) trades at $3.5492, above its 20-day, 50-day, and 200-day moving averages, signaling persistent bullish momentum with $3.502 and $3.5225 as dynamic support.
SUI Group, Ethena, and Sui Foundation will launch USDi and suiUSDe stablecoins backed by BlackRock's BUIDL and digital asset derivatives on October 1, 2025, aiming to enhance on-chain liquidity and treasury infrastructure.
Despite today's 8.88% price surge and intraday volatility, daily technicals show mixed momentum, with a <20% chance of an upside move and likely sideways or downward trading between $3.2412 and $3.4223 over the next five days.

Stablecoin launch anticipation shifts sentiment as liquidity prospects improve

The market's attention is centered on the upcoming launch of Sui's first native stablecoins, USDi and suiUSDe, developed through a partnership with SUI Group, Ethena, and the Sui Foundation. These stablecoins will use a mix of backing — USDi secured 1:1 with BlackRock’s tokenized money market fund BUIDL, and suiUSDe structured as a synthetic dollar supported by digital assets and derivatives — and are expected to improve liquidity and utility across the Sui blockchain. This initiative positions SUI Group as a trailblazer among publicly traded entities in the on-chain stablecoin sector and has important implications for digital asset treasury infrastructure. The announcement, scheduled for October 1, 2025, underlines Sui's push for larger-scale adoption.

Near-term buying divergence emerges amid weak long-term momentum

Momentum signals on the daily chart are mixed. MACD leans negative, while ADX at 21.07 suggests a weak trending market. Daily RSI hovers at 42 and Stoch RSI is neutral, pointing to a lack of clear overbought or oversold extremes. The modest BBP implies neither buyers nor sellers are dominating intraday. The Awesome Oscillator does not strongly confirm the current trend. SUI surged 8.88% today with no significant gap between yesterday’s close and today’s opening. The current price sits near the upper end of today’s range, marking high intraday volatility and a strong tone toward the session highs. These dynamics reveal some divergence between intraday buying and unresolved longer-term momentum, reflecting near-term strength yet underlying uncertainty.

Downside risk elevated as probability of rebound remains limited

For the coming five trading days, SUI is expected to fluctuate between $3.2412 and $3.4223. The probability of a price rise is very low (less than 20%), while a further decline remains more likely. The baseline scenario projects continued sideways movement within this corridor. In a bullish scenario, a break and hold above $3.502 could open the way for additional gains. Conversely, a close below $3.2412 would signal the start of renewed selling pressure.

Viktoras Karapetjanc, leading analyst at Traders Union, sees SUI’s position above its key moving averages and the upcoming stablecoin launch as positive signals for investor sentiment and adoption prospects. He believes that despite the current sideways bias and mixed momentum, strong market attention on the stablecoin initiative — especially with institutional backing — can act as a major catalyst for the blockchain’s utility and integration. While the probability of immediate price gains is limited, underlying fundamentals remain robust in his view. "If SUI breaks and holds above $3.502, expect renewed buying interest and a shift in sentiment — this network’s fundamentals look increasingly promising," Karapetjanc says.

Previously, it was noted that demand for verification services like those offered by Swarm remains strong. The project team is expected to accelerate platform adoption while managing token supply and introducing staking mechanisms if a large portion of tokens remains locked.

Source of Data: SUI Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.