Sui is gaining momentum on a positive price path, with growing market interest and bullish sentiment fueling expectations of a potential surge. At the time of writing, the token is trading at $3.84 with a 24-hour volume of $1.33 billion, marking a 14% increase. Market capitalization has also climbed by 6.26% to reach $13.74 billion.
Meanwhile, the token has attracted attention with solid gains. The token advanced 6.15% in the last 24 hours and delivered a strong 14.7% weekly surge. The upward performance indicates a growing investor appetite for altcoins, reflecting resilience in current conditions.
Also Read: SUI Price Analysis: Cup and Handle Pattern Targets $8.07 Amid Bullish Momentum
In corporate developments, SUI Group Holdings Limited (SUIG) has completed its earlier $2 million stock repurchase program. The company has now approved a new $50 million plan, highlighting confidence in long-term fundamentals.
Between September 10 and 12, 2025, the firm bought back 318,743 shares at an average price of $4.30. The expansion allows further buybacks through market purchases, private deals, or other options, depending on regulations and conditions. The decision emphasizes the management’s belief in the company’s intrinsic value and its role as the only publicly traded entity connected to the Sui Foundation.
In the recent X post, Lennaert Snyder, a crypto analyst, indicated SUI is consolidating around the $3.76–$3.80 resistance region, a region very closely watched by traders. The price is forming higher lows dating back to early September, which suggests the buying momentum was picking up. A break above $3.80 can lift the move towards the barrier level at $4.00.
If bulls reach dominance at $4.00, the next bull target is $4.32, a level that previously acted as supply. Sustainable consolidation above this level would confirm the solidity of demand and would support a continuation in a bullish nature. A rejection at current price levels would move the price lower towards support at $3.48. A larger move down may repeat the $3.10–$3.20 area of demand if the trend loses steam.
The Relative Strength Index (RSI) is 55.26 and reflects moderately bullish development without the emergence of the overbought levels. The crossing above the 52.75 moving average reflects strengthening buying interest.
Meanwhile, the MACD line at 0.17225 remains slightly above the signal line at 0.16861 in favor of an early bull crossover. The histogram also marks a slight positive value. Still not showing a strong acceleration, this line does suggest gathering upward momentum with potential for additional validation.
Also Read: SUI Price at Crossroads: Will Momentum Drive Growth or Trigger Correction?
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