SUI, the native token of the Sui layer-1 blockchain, has broken out of a nine-month downtrend, climbing from the $0.68-$0.70 range to above the $1 mark and briefly touching $1.08 before entering consolidation. Analysts Ted Pillows and Scient are tracking resistance zones above $1, with $1.16, $1.42 and $1.50 flagged as key upside levels and $1.92 viewed as a major macro level.

The advance followed a steady recovery through $0.80, $0.85, $0.90 and $0.95, lifting the price to $1.0255 before a brief push to $1.08. Alongside the technical breakout, protocol developments have added another layer of focus for Pillows.

Nine-Month Downtrend Broken

A downtrend of this length is typically marked by successive lower highs and lower lows, which makes its break a notable structural shift in the chart's pattern. Pillows said gasless stablecoin transfers are now functional at the protocol level, meaning users can move stablecoins without first acquiring SUI for fees — a requirement that has been a common friction point on smart-contract networks. He added that confidential transfers are coming this month, a feature that will keep transfer amounts private while settlement remains verifiable.

From a technical standpoint, Pillows identified $1.16 and $1.42 as resistance zones. He said $1.50 is the next level he is watching following the breakout.

Scient described the chart structure as bullish across every timeframe through the weekly. On the daily chart, he noted that SUI swept lows around $0.64-$0.68 before reclaiming the $0.80-$0.85 area.

Resistance Levels in Focus

Scient said the price then moved toward the $1.05 region, where resistance emerged. If SUI clears its recent highs, he identified $1.41 and $1.92 as upside levels. According to Scient, $1.92 represents the key macro support and resistance level on his chart. He also flagged dips toward $0.85 as areas to build spot positions.

The four-hour chart shows SUI consolidating around $1.02-$1.04 after reaching approximately $1.08, with the recovery producing higher highs and higher lows.

Key Technical Levels

The chart places $1.00 as a psychological support level, followed by $0.95 and $0.90, while the $1.05-$1.08 zone stands as the immediate resistance area.

Momentum indicators present a nuanced picture. The relative strength index (RSI) is at 73.28, with its moving average at 76.15, keeping the indicator above the traditional 70 overbought threshold. The MACD remains bullish even as momentum begins to cool, with the MACD line at 0.0534 against a 0.0577 signal line and the histogram at -0.0043.

Recent volume expansion accompanied the breakout, and price remains near its latest highs. Pillows said some consolidation would be healthy before another move higher. A break above $1.08 could open higher levels, while a move below $1 could expose the $0.95-$0.90 support zone.