SUI, the native token of the Sui network, has pulled back toward $0.82 after its recovery stalled near $1.30, leaving the $0.80–$0.85 support zone under close watch. The retreat comes as network-funded buybacks reach 1.1 million SUI tokens and Samsung Wallet prepares to bring USDC access to approximately 82 million Galaxy devices in the United States.

Sellers have remained active across recent sessions, and price action is set to test a key support level. Previous recovery patterns and recent network developments provide context for gauging SUI's next move.

Analyst Maps $0.80–$0.85 as the Base for Another Recovery

Analyst Giannis Andreou identifies the $0.80–$0.85 range as the foundation for another recovery attempt. His analysis draws comparisons with two earlier advances that began near $0.82 and $0.66 — rebounds that produced gains of approximately 73.2% and 97%, respectively.

The latest price action has nevertheless shown renewed weakness after reaching $1.30. SUI currently trades around $0.8242, down 2.7% over 24 hours, according to CoinGecko data. The drop followed repeated, unsuccessful attempts to hold gains in the $0.84–$0.85 range.

The intraday chart as of writing shows a sudden decline toward $0.81 around midnight. Buyers mounted several rebound attempts, but resistance repeatedly interrupted their progress. A further slide into the $0.808–$0.810 area attracted buying interest during morning trading.

SUI has already moved above its previous descending trendline. However, maintaining the $0.80–$0.85 region remains essential: losing $0.80 would weaken the recovery structure and shift attention back toward $0.66.

Network Buybacks and Samsung Wallet Broaden SUI's Prospects

According to a report from Sui Insiders, the network has repurchased 1.1 million SUI tokens. The purchases are reportedly funded by on-chain network fees and daily stablecoin yields, tying generated income to recurring acquisitions of the protocol's own token. These transactions create demand outside normal market trading. If the acquired tokens are not properly managed, their impact on available supply would be negative. The report does not establish whether the repurchased tokens are burned or retained.

Sui Insiders also reported an upcoming Samsung Wallet integration involving USDC, a stablecoin pegged to the US dollar. The rollout targets approximately 82 million Galaxy devices across the United States and was expected later in November, according to the November 7 announcement.

Wider USDC access could make Sui-based transactions easier for additional users, and increased participation could generate more activity across the network. Higher transaction volumes may in turn contribute additional fees that support future buybacks.

Key Price Levels Define the Next Recovery Attempt

The immediate technical requirement remains a sustained hold above $0.80. Buyers would then need to reclaim the $0.90–$1.00 resistance range; a successful retest would provide stronger evidence of improving conditions. Beyond that range, the $1.25–$1.30 region becomes the next major obstacle — an area that previously attracted selling pressure during the latest recovery. Clearing it could bring $1.40–$1.45 into focus.

The next resistance band sits between $1.65 and $1.75. A successful breakout there could eventually reopen the previous highs around $2.00–$2.02, though reaching those levels requires several confirmed breakouts and successful retests.

Market statistics also show substantial activity despite the recent decline. SUI's market capitalization stands near $3.412 billion, with $330.507 million in daily volume, per CoinGecko. Perpetual futures open interest, a measure of the total value of derivatives positions currently open, remains around $877.584 million, indicating considerable outstanding exposure.

For now, the $0.80 support level remains the immediate downside reference. Holding this area would preserve the possibility of another attempt toward $1.00. Beyond the chart, the eventual treatment of the repurchased tokens and the Samsung Wallet rollout expected later in November are the nearest-term network developments to watch alongside price. Until buyers reclaim higher resistance, the projected historical highs remain conditional targets.