SUI Finds Support at $1.90 as Analysts Say “Buyers Could Trigger a Continuation Move Above Resist...

SUI finds strong support at $1.90, signaling early recovery momentum after recent correction.

Analysts say a break above $2.12 could trigger a continuation move and confirm bullish strength.

Sui’s TVL jumped 12.23% to $1.598B, reflecting growing on-chain activity and investor participation.

SUI is showing early recovery signs after a recent correction phase that followed its earlier strong rally. The token found support near the $1.90 level, where selling pressure began to ease. Analysts note that this area is now acting as a key reaction zone as buyers attempt to regain control.

SUI Maintains Recovery Momentum After Testing Lower Support

According to analysis prepared by BitGuru, SUI price action shows a recovery attempt after a sharp decline from its recent peak near $2.57. The chart displays a strong upward phase followed by consolidation and a correction that brought the token to $1.90. After stabilizing at this level, SUI started a short-term rebound and is currently trading near $2.02.

Resistance remains around $2.12, where price previously broke down during the last correction. BitGuru stated that “this is a crucial reaction area; if buyers step in and push above the dotted resistance levels, we could see a continuation move.” Market structure shows that sustained movement above $2.12 could confirm renewed upward momentum.

Source: DeFiLlama

According to data from DeFiLlama, Sui’s total value locked (TVL) rose by 12.23% in 24 hours, reaching $1.598 billion. Stablecoin market capitalization stands at $675.16 million, while decentralized exchange volume reached $528.64 million. These figures suggest steady on-chain participation and liquidity across the Sui ecosystem.

Analysts Observe Pattern of Repeated Breakouts and Technical Strength

According to an observation by LLuciano_BTC, the SUI price chart shows alternating uptrends and downtrends forming consistent breakout structures above descending resistance lines. Price maintained support near the $1.90 to $2.00 range through several testing phases, indicating strong defense from buyers.

Source: LLuciano_BTC(X)

Historical data shows three breakout events, each following a consolidation phase that triggered temporary rallies. This pattern suggests that SUI often rebounds from its lower support zone before resuming upward movement.

The network’s daily application revenue reached $139,161, while total app fees stood at $473,127. The bridged TVL of $1.033 billion indicates strong cross-chain connectivity. Market capitalization remains around $7.307 billion, showing stable investor interest during the recovery phase.

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