SUI Holds Above $0.87 Support With Potential to Bounce Toward $1.17

Key Insights:

  • Sui remains above the $0.87 support, hinting at a possible short-term price rebound.
  • Historical price pumps suggest Sui may experience significant gains if support holds.
  • Despite a DeFi slowdown, Sui’s recent 7.44% rise signals potential for further momentum.
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The token Holds Above $0.87 Support With Potential to Bounce Toward $1.17

Sui’s price is currently trading above the key support level of $0.87, showing signs of a potential short-term bounce. Following a sharp drop, the price has been ranging between $0.90 and $0.95. Traders are watching closely to see if the price can hold this level, which could set the stage for a rebound. 

Current Market Trends and Price Behavior

Sui ($SUI) has been trending down recently, fluctuating between consolidation periods at lower price levels. After a notable decline, it is now hovering near the $0.90–$0.95 range. 

According to BitGuru, if the coin manages to stay above the $0.87 support, a short-term recovery may be on the horizon. Some believe this could push the price back toward the $1.10–$1.17 zone.

Based on the market experts, this could offer a potential opportunity for traders seeking to capitalize on a short-term bounce. However, as with any market, there are risks involved, and price movement remains uncertain. A failure to hold above $0.87 could lead to further declines.

Previous Performance of SUI at Support Levels

Kaleo, a well-known crypto analyst, recently pointed out that the last two times $SUI hit this support line, it proceeded to pump 500% and 1,000%, respectively. Kaleo notes that both times the coin experienced significant price increases within six months after touching the same support level.

His comment raises questions about whether history could repeat itself, given the current market situation.

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SUI Previous Performance Point to potential Price Surge | Source: X

This information has led some traders to feel optimistic about the potential for another price surge, but it is important to note that past performance does not guarantee future results. Investors are advised to approach this opportunity with caution.

As of press time, the Sui price stands at $0.9748, with a 24-hour trading volume of $575,807,964. The token has risen by 7.44% over the past day, which could signal a possible rebound if it holds its current support level.

Sui’s Performance in the Broader Market

The broader DeFi market is showing signs of slowing down. The total value locked (TVL) in decentralized finance has dropped significantly to around $580 billion as of February 2026. This decline follows a peak of over $2.5 trillion in mid-2025. 

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DeFi Market | Source: DeFiLlama

Despite the drop in TVL, trading volumes on decentralized exchanges (DEXs) have seen periodic surges, indicating that traders are still actively participating in the market. Investors are watching for any signs of further price movement and whether Sui can maintain momentum.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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