Token unlock anticipation — Sui gains 7.30% amid renewed institutional accumulation

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Sui surges 7.30% today

Highlights

Sui (SUI) trades at $2.3778, remaining below its 20-, 50-, and 200-day moving averages, confirming persistent bearish pressure across all timeframes.
An upcoming $103 million token unlock on November 1, 2025, and recent accumulation between $2.10 and $1.80, drive institutional flows and focus investor attention.
Oscillators including RSI (33.91), Stoch RSI, and CCI indicate oversold conditions, while the probability of an upward move remains below 20% for the coming week.

Accumulation rebounds amid institutional flows and unlock event risk

Sui will unlock $103 million worth of tokens on November 1, 2025, an event that is expected to impact market volatility and test trader resilience. Recent activity highlights renewed accumulation interest at the $2.10 to $1.80 support zone alongside strong inflows from institutional players. These developments come as attention focuses on the upcoming unlock event.

Oversold signals and intraday surge contrast with persistent bearish trend

The closest dynamic support is the Ichimoku Kijun-sen level at $2.1349, while overhead resistance is likely at the MA-20 near $2.5692. Momentum remains weak, with the daily MACD showing a strong sell bias and the ADX at elevated levels, confirming a dominant trend. Most oscillators reflect oversold conditions: the RSI is at 33.91, Stoch RSI is deeply oversold, and the CCI is also in oversold territory. The BBP value is negative, suggesting sellers still dominate intraday momentum. Today’s session opened with a noticeable gap up from the previous close and is currently trading near the upper end of the daily range, showing strong upward movement and moderately high volatility. Price strength toward session highs today stands in contrast to generally bearish daily momentum, while the divergence in short-term oscillator signals highlights ongoing uncertainty.

Sideways movement expected as upside remains constrained by resistance

For the coming week, the projected price corridor ranges between $2.3942 and $2.4162, with an average anticipated price of $2.4052. The probability of an upward move is very low (less than 20%), making a further decline more likely. The baseline scenario anticipates SUI trading sideways within this tight range. A bullish scenario would require a breakout above $2.5692, while a bearish move may accelerate if the price falls below support at $2.1349.

Viktoras Karapetjanc, expert at Traders Union, believes that despite Sui’s persistent bearish technical picture, renewed accumulation at the $2.10–$1.80 support zone and notable institutional inflows are encouraging signs for the asset’s underlying sentiment. He sees that while short-term momentum remains negative, the strong attention on the upcoming $103 million unlock event could serve as a catalyst for renewed interest if support holds. Overall, Karapetjanc maintains a constructive outlook given the fundamental and sentiment-backed resilience in the face of volatility. "With institutions showing interest at these support levels, I remain optimistic about Sui’s medium-term potential — a breakout above $2.5692 would be my early signal for trend reversal."

Previously it was noted that persistent bearish pressure continued to weigh on Sui, with analysts highlighting the strong prevailing trend as shown in the daily MACD. Momentum indicators pointed to a robust downtrend and ongoing cautious investor sentiment.

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.