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At the time of writing, Sui (SUI) had gained 7.3% in just 24 hours. The rise comes alongside broader relief in the market, with the price of Bitcoin (BTC) rising above $70,000 once again.
Spot trading volume behind SUI has been declining since October 2025, according to CryptoQuant. Despite the 64% increase in daily trading volume, long-term spot volume trends appear to be in a cooling phase.
Moreover, the 3-month spot buyer CVD has shifted from buyer-dominated buyer to neutral. The falling cumulative market orders to purchase SUI are not new, they have been going on for months.
The decrease in spot transaction volume since September was also reflected in foreign exchange prices. dot volume bubble map.
What does this mean for SUI prices?
The weekly chart highlighted the ongoing downward trend since October 2025. Like many other altcoins and even Bitcoinselling pressure on SUI It hasn’t softened much in recent months.
There were occasional buying periods that saw prices jump, but as OBV reveals, selling volume was the dominant force.
Additionally, the RSI was below neutral 50, underlining that the downtrend was continuing.
Discovering short-term SUI trends
There has been no significant trend recently. Last month, SUI traded in a rough range with extremes at $0.85 and $1.01. The local supply zone in the $0.97-$1.0 range was tested last week. This was also being objected to at press time.
A break above $1.05 is needed to change the long-term trend upwards. Such a breakout could cause SUI to fall below the $1 level if the rise is not met by ongoing spot demand.
Final Summary
- SUI has risen sharply in the last 24 hours, gaining 7% with a 64% increase in daily trading volume.
- However, this increase did not change the big picture much; The $1-1.05 supply zone remains difficult to overcome.
Disclaimer: The information presented does not constitute financial, investment, trading or other advice and is solely the opinion of the author.
