SUI’s $3 Dilemma: Bulls Dream of $3.80! 💸

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SUI price tests $3 support as traders eye rebound toward $3.80. Analysts highlight key zones while new partnerships expand adoption in Asia.

SUI, in its current state, doth hover near the crucial support level of $3, with traders, with bated breath, anticipating a rebound towards the lofty sum of $3.80. Alas, analysts doth highlight key zones, while new partnerships, in their benevolence, expand adoption across Asia. 📉

SUI Price Trends and Market Activity

The price of SUI hath fallen to $3.12, a reflection of broader weakness across the SUI market. Daily trading volume, alas, hath dropped by 49.16% to $521.39 million, signifying reduced market participation. Yet, despite this slowdown, the project maintaineth a market capitalization of approximately $11 billion, thereby securing its place among the largest altcoins. 🏦

Market analyst Ali Charts did suggest that $3 may serve as a most advantageous buy-the-dip level. He added that, if the support holdeth, the token could ascend towards $3.80 and even higher. Hardy, another analyst, did point to a deeper level of interest, which may attract traders if price pressure increaseth, though he noted this analysis was shared privately with his community. 🤝

On the technical side, SUI doth face resistance at $3.40, which must be broken before buyers can attempt a push higher. Holding above $3 support remaineth critical, as a breakdown below this point could open the way for more downside pressure. 📉

Indicators Suggest Oversold Conditions

Momentum signals doth show that the token may be approaching oversold territory. The Relative Strength Index (RSI) sitteth at 38 on the daily chart, suggesting weaker momentum in the short term. This indicator often signals that selling pressure is elevated, though it may also provide a base for recovery if buying returneth. 📈

Furthermore, analysts are closely monitoring the $3 area because it acts as a psychological level and a technical support. If this zone holdeth, a bounce toward $3.40 and $3.80 becomes possible, while a fall below it would risk extending the correction. 🧠

UPDATE

If price dips further, here’s my key zone of interest, a level stacked with major confluence that could act like a magnet.

I’ve shared the full breakdown exclusively with my Telegram crew, link in my bio.

– Hardy (@Degen_Hardy)

Market activity hath also slowed, which can sometimes signal that traders are waiting for a stronger signal before committing to new positions. If trading volume increaseth around support, it may provide the momentum required for a breakout attempt. 🚀

Sui Expands Use Cases in Asia

While price action remaineth under pressure, Sui Blockchain doth move forward with real-world applications. In South Korea, the network hath partnered with T’order, a restaurant ordering platform, to develop stablecoin-based payments. The project planeth to issue a won-backed token on the Sui blockchain, allowing restaurants and diners to handle payments more efficiently. 🍽️

Korea is about to get a payments upgrade.

t’order, the nation’s #1 table-ordering platform, is teaming up with Sui to roll out KRW stablecoin payments at scale.

300K+ POS devices. $4.3B in annual volume. Powered by Sui + Walrus for speed, security & onchain data integrity.…

– Sui (@SuiNetwork)

Christian Thompson from the Sui Foundation did say the partnership aimeth to make digital payments easier. “As crypto becometh part of mainstream payments, Sui aimeth to be at the center of this shift,” he explained. 🧠

Sui hath also joined with CUDIS, a wellness project that useth smart rings to track health data. Users can earn tokens for maintaining healthy habits, linking personal wellness with blockchain rewards. This collaboration useth Sui’s data tools to manage sensitive information securely. 🧠

These partnerships show a focus on industries such as dining and wellness, which could broaden Sui’s adoption across Asia. The network is seeking to combine blockchain technology with everyday services, expanding beyond speculative trading and into practical consumer use cases. 🌏

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2025-09-29 10:47