bullish

Cetus Protocol

would

<p style="text-align: justify"><a href="https://en.coin-turk.com/sui-price-holds-0-73-support-as-etf-flows-stay-positive-for-12-weeks/" rel="noopener noreferrer nofollow">SUI</a>, the native token of the Sui Network, saw heightened selling pressure as its price dropped to nearly $0.725, reflecting a 4% decrease in the past 24 hours and a 7% decline over the last week. Despite the pullback, SUI has managed to gain around 5% over the last 30 days, indicating ongoing volatility across the broader cryptocurrency market.</p>
<h2 id="technical-levels-under-focus">Technical levels under focus</h2>
<p style="text-align: justify">The recent downturn brought SUI close to a critical technical area, capturing the attention of several prominent market analysts. Bitguru, a well-followed crypto strategist, pointed out that SUI’s price is pulling back toward the $0.70 support zone. Bitguru indicated that future price action depends heavily on whether buyers intervene at this level to prevent further downside.</p>
<p style="text-align: justify">According to Bitguru, if the $0.70 support holds, SUI may retrace toward $0.85, with a potential move toward $0.92 if momentum sustains. This scenario could provide a favorable risk-to-reward profile compared to current prices, suggesting a possible recovery.</p>
<p style="text-align: justify">Market participants are watching reactions around $0.70 for signs that the decline is either a short-term correction or the start of a deeper downtrend. The outcome at this support will influence near-term sentiment and trading strategies.</p>
<blockquote>
 <p>SUI is testing a crucial support zone at $0.70. Should buyers step in at this level, a move to $0.85 and possibly $0.92 could develop, bringing the token back into a higher trading range.</p>
</blockquote>
<p style="text-align: justify">Another market analyst, Ali Martinez, is monitoring a similar support area from a more bullish perspective. Martinez noted that SUI is moving within a range and approaching the lower channel at $0.71, presenting a buying opportunity if the support is maintained.</p>
<p style="text-align: justify">Martinez said he is ready to re-enter the market if SUI holds above $0.71, while the upper boundary of his range stands at $0.84. As a result, traders are currently monitoring two main technical levels: $0.71 as a key support and $0.84 as a near-term resistance.</p>
<table style="border:1px solid #f1e4d8;padding:8px">
 <thead>
  <tr>
   <th>Analyst</th>
   <th>Key Support</th>
   <th>Upside Target</th>
   <th>Next Target</th>
  </tr>
 </thead>
 <tbody>
  <tr>
   <td>Bitguru</td>
   <td>$0.70</td>
   <td>$0.85</td>
   <td>$0.92</td>
  </tr>
  <tr>
   <td>Ali Martinez</td>
   <td>$0.71</td>
   <td>$0.84</td>
   <td>–</td>
  </tr>
 </tbody>
</table>
<p style="text-align: justify">The overlap between Bitguru’s and Martinez’s levels adds weight to the importance of the $0.70-$0.71 price range for SUI’s future direction. Still, the possibility remains that support may fail, which could undermine the current bullish channel formation.</p>
<h2 id="sui-ecosystem-sees-growth-in-ai-agents-and-buybacks">Sui ecosystem sees growth in AI agents and buybacks</h2>
<p style="text-align: justify">Despite recent market pressure, activity within the Sui ecosystem continues to progress, providing investors with fresh points of interest.</p>
<p style="text-align: justify">Sui Insider, an independent resource tracking the Sui Network, reported on a new AI agent trend. Initiatives led by WaaP.xyz and Cetus Protocol are enabling AI agents to create their own blockchain wallets and independently manage liquidity positions on the Sui Network.</p>
<p style="text-align: justify">This innovation allows self-governing AI entities to interact directly with blockchain functionalities, granting them the ability to manage tokens and liquidity without relying on wallets controlled by human operators.</p>
<p style="text-align: justify">Should this approach gain traction, it could unlock further use cases for decentralized applications within the Sui ecosystem. However, the effect of this development on SUI’s immediate price remains uncertain.</p>
<p style="text-align: justify;background: linear-gradient(135deg,#ffffff 0%,#fffdf9 100%);border:1px solid #f1e4d8;border-left:4px solid #F69434;padding:14px 16px;border-radius:12px;color:#1e293b;font-size:15px;line-height:1.7">Mini dictionary: WaaP.xyz and Cetus Protocol: Companies working within the Sui Network to enable AI agents that interact autonomously with blockchain features, such as managing liquidity and handling wallet operations.</p>
<p style="text-align: justify">The Sui Foundation has also drawn attention for launching a token buyback program. DombaEth27 highlighted that the foundation has repurchased more than 609,800 SUI since the start of the year, using profits from on-chain stablecoins rather than new issuance or dilutive actions.</p>
<p style="text-align: justify">Instead of burning bought-back tokens, the foundation intends to allocate them for supporting the Sui protocol and ecosystem activities, which could increase network participation.</p>
<h2 id="outlook-remains-uncertain">Outlook remains uncertain</h2>
<p style="text-align: justify">In the near term, SUI’s direction will largely depend on the action around the key $0.70-$0.71 support zone. A positive reaction may reinforce bullish projections toward $0.84-$0.85, and a breakout could see SUI target $0.92.</p>
<p style="text-align: justify">Ongoing declines below the support band, however, would weaken the bullish narrative and suggest that sellers maintain control, leaving SUI caught between negative market conditions and encouraging ecosystem developments.</p>
<p style="text-align: justify">Ultimately, the coming sessions will likely clarify whether SUI’s current correction is an entry opportunity or a prelude to further downside.</p>
<blockquote>
 <p>Traders are watching how SUI performs at the $0.70-$0.71 range, with the next move likely to settle the debate over whether this area serves as a launching pad for recovery or signals further losses ahead.</p>
</blockquote>
<p>The post <a href="https://en.coin-turk.com/sui-price-tests-0-70-support-as-analysts-set-targets-at-0-84-and-0-92/" rel="noopener noreferrer nofollow">SUI price tests $0.70 support as analysts set targets at $0.84 and $0.92</a> appeared first on <a href="https://en.coin-turk.com" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.</p>

SUI price tests $0.70 support as analysts set targets at $0.84 and $0.92

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