SUI is moving toward a key resistance area between $0.73 and $0.78, with analysts focusing on whether the token can preserve its rebound above $0.65. More Crypto Online said the previously tracked five-wave decline has likely completed, leaving the current range as the main battleground for the next price move.
Under that Elliott Wave view, a break above $0.78 would support the case for a stronger second recovery wave. If that happens, the next resistance zones would come in at $0.95 to $1.20. Continued buying could open the way toward a higher range of $1.38 to $1.73. On the downside, a move below $0.65 would weaken the rebound setup and could expose SUI to a return toward the $0.49 support area.
The near-term setup centers on $0.65 support and $0.78 resistance
According to More Crypto Online, the recovery structure remains valid as long as $0.65 holds. A move through $0.78 would likely speed up the upside move. For now, those two levels define the short-term contest.
Technical indicators still lean mildly constructive despite recent weakness. The MACD line remains below zero, but it is still above the signal line, while the histogram stays in positive territory. That suggests buyers have not fully lost short-term control. The RSI is at 48.11, above its moving average but still below 50, leaving momentum in neutral rather than pointing to a clear advantage for either side.
Live mainnet test pushes Sui above 6 million TPS
Outside price action, Sui recently posted a live mainnet test result of more than 6 million transactions per second. For a Layer 1 network built around high-speed execution, that marks a sharp jump from its earlier record of roughly 2.5 million TPS.
The report said the test started above 1 million TPS, with transactions executed without fees during the trial. The activity took place during AI agent competitions across multiple decentralized applications. The article linked that result to stronger investor confidence and a firmer long-term view of the network’s throughput capacity.
Breakout odds depend on whether SUI can clear the top of the range
In the near term, traders are watching whether SUI can move beyond its current range. If $0.65 stays intact and momentum improves, the chance of a push above $0.78 increases. If Bitcoin remains in a balanced trading pattern and broader market momentum stays muted, SUI may continue to trade sideways for a while.