SUI price remained under short-term selling pressure but continued to hold a bullish market structure after a healthy pullback. Meanwhile, Sui’s public mainnet achieved a major scalability milestone, strengthening investor confidence and supporting expectations for a continued recovery if buying momentum returns.
At the time of writing, SUI is trading at $0.7258, with a 24-hour trading volume of $213.43 million and a market capitalization of $2.93 billion. Despite the 4.08% loss over the last 24 hours, the SUI price structure and network growth point to a bullish reversal ahead.
Source: CoinMarketCap
Also Read: SUI Price Tests Major Trendline Support as Bullish Setup Signals 200% Recovery Potential
SUI Price Retests Breakout Level After Strong Rally
However, the SUI has transitioned from an earlier consolidation phase into a prolonged accumulation zone around $0.66-$0.68, where repeated buying pressure prevented deeper declines.
This accumulation created a strong demand base, allowing buyers to regain control and initiate a sharp bullish breakout toward the $0.78 resistance region.
Following the breakout, the SUI price rallied nearly 15% before encountering profit-taking near $0.78, where sellers defended previous swing highs.
The current pullback appears healthy, with price retesting the former breakout level around $0.74, a zone that now acts as immediate support instead of resistance.
Source: BitGuru’s X Post
According to the crypto analyst BitGuru, in case buyers manage to hold above $0.74, the SUI price can complete the higher-low formation and continue with its trend upward.
The bounce could drive prices to $0.78 initially, but once there is a break above this level, the next target could be the big resistance area of $0.82-$0.83.
Sui Network Breaks 6 Million TPS Record
The data from the Sui further highlighted that the Sui mainnet has achieved a remarkable level of success, with the current number of transactions processed reaching 6 million transactions per second (TPS), which is way beyond what was previously achieved. The most recent performance exceeds the earlier performance of 2.5 million TPS.
Source: Sui’s X Post
Throughput of such an extent can influence investor sentiment regarding the market performance through Sui’s capability to handle large-scale decentralized applications. With continued momentum on the buy side, together with such an accomplishment, the SUI price can rally further up.
Despite the bullish chart structure and strong network growth, the SUI price is still moving downward. This move is also impacted by the general market trend, as the BTC price has stabilized after surging above $63,000.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Also Read: SUI Price Eyes $0.80 After 6M TPS Milestone
