Sui price is back at a level that could decide whether its recent recovery develops into something larger. After falling more than 87% from its prior high, the token is now trading near $0.74, where several analysts see a major resistance test forming.
The setup has attracted attention because price action is improving while the network is posting new performance milestones. SUI public mainnet recently crossed more than 6 million TPS, giving bulls a fresh fundamental argument as the chart approaches a potential breakout zone.
SUI price is trading near $0.74, placing it directly below a key downtrend resistance line. Master of Crypto described this area as an important level, adding that a breakout could send SUI toward $0.85-$0.93.
SUIUSDT Daily Chart | Source: Master of Crypto, X
The same chart showed $0.68-$0.70 as the support range to watch if buyers fail to clear resistance. That makes the current setup simple. Bulls need a clean move above $0.74, while bears need a rejection that pushes price back into lower support.
More Crypto Online offered a similar short-term map. The analyst placed the first micro support zone between $0.67 and $0.72 and said SUI crypto could still move higher as long as this area holds. His Elliott Wave chart suggests the current pullback may still be part of wave two, not the start of a deeper breakdown.
SUIUSD 4-H Chart | Source: More Crypto Online, X
That view keeps the recovery structure alive, but confirmation has not arrived yet. Sui crypto still needs to reclaim resistance and hold above it before traders can treat the move as a stronger reversal.
Meanwhile, Sui Community framed the current move as the possible start of a new phase after the token’s earlier explosive cycle. The chart shows Sui price previously rallying more than 1,000% before entering a long correction.
SUIUSDT Weekly Chart | Source: Sui Community, X
According to that view, the first major rally may have been phase one, while the 87% correction marked phase two. The next question is whether Sui price is now preparing for phase three.
The projected phase-three path on the chart points toward a much larger recovery over the coming months. It shows a possible move from the recent low near $0.68 toward levels above $9 if momentum returns strongly.
That remains an aggressive projection and depends on broader market conditions. However, it explains why traders are paying attention to the current base. If Sui crypto holds its support and breaks out of the downtrend, the market may begin to treat this range as an accumulation zone rather than a failed bounce.
Additionally, SUI’s network data is giving bulls another reason to watch the token closely. ToreroRomero noted that SUI hit 6,086,766 TPS, calling it the highest TPS ever recorded by a blockchain.
Lucky also emphasized a key milestone for the mainnet, including over 6 million TPS, parallel execution, sub-second finality, and programmable Lightning Tunnels.
The network showed peak TPS at 6,086,766, current TPS above 4.6 million, and more than 10,000 open tunnels. That performance comes at a time when the market is paying closer attention to chains that can support DeFi, AI, gaming, and real-world asset activity.
Strong network performance does not guarantee price appreciation. Still, it gives the SUI ecosystem a stronger narrative while the token trades near a technical breakout point. In crypto markets, that combination can matter when momentum returns.
Notably, the immediate price target remains much lower than the bold phase-three projection. Most short-term analysts are focused first on $0.85-$0.93.
Master of Crypto’s chart places that area as the next upside zone if SUI clears $0.74. More Crypto Online’s structure also supports a move higher as long as price holds above the $0.67-$0.72 support band.
Sui Community’s larger chart adds the long-term bullish angle, but the near-term test still comes first. SUI crypto must break resistance, hold above the breakout area, and avoid falling back below support.
If buyers succeed, $0.85 becomes the first level to watch. A stronger continuation could then bring $0.93 into focus. Beyond that, traders would likely turn attention to the $1 level, which remains a barrier.
The post SUI Price Eyes Recovery as Key Support Holds Amid Rising Network Activity appeared first on The Market Periodical.


