SUI fell 1.40% to $0.730 over the 24 hours covered, underperforming a broadly flat cryptocurrency market as Ethereum and Solana advanced. The move reflects rotation away from lagging Layer 1 tokens and leaves SUI’s chart structure under pressure.

The immediate focus is the $0.71-$0.73 support area. A defense of that zone could reopen the $0.84-$0.85 range, while a decisive breakdown would expose the $0.62-$0.63 multi-year base. The setup is being driven primarily by market structure rather than new headlines.

Traders Focus on the $0.71 Support Area

Bitguru identifies $0.70 as the immediate support zone after SUI extended its pullback. His technical outlook places the first recovery target at $0.85, followed by $0.92, provided buyers absorb selling and preserve the lower boundary as support.

$SUI is pulling back toward the $0.70 support zone. If buyers defend it, a bounce toward $0.85 → $0.92 could be next. pic.twitter.com/YuEzs3L0mp — BitGuru (@bitgu_ru) September 10, 2026

Ali Martinez is tracking a nearby channel floor at $0.71 and has said he would buy SUI again if that level holds. His chart places the channel ceiling near $0.84, closely matching Bitguru’s initial target. Both analyses therefore identify a narrow support band as the key level for any potential rebound.

For that rebound to develop, SUI would need to recover $0.73 and hold above recent supply. The 200-day moving average near $0.85 would then provide the next technical test. A close above the moving average would put SUI beyond the cited rebound target, while rejection could leave the token moving between support and the average.

A decisive close below $0.71 would weaken Martinez’s channel and remove the immediate rebound route described in both analyses. The next stated support would be the $0.62-$0.63 area, which represents a broader multi-year base.

Michaël van de Poppe offers a separate momentum reading across multiple time frames. His charts show weekly bullish divergences in the relative strength index (RSI) and moving average convergence divergence (MACD) for the dollar pair. He also identifies corresponding three-day divergences on both indicators.

Similar weekly and three-day signals appear on the SUI-to-Bitcoin pair. Divergences indicate that momentum is improving while price remains depressed, but they do not by themselves confirm a reversal. Van de Poppe’s assessment also places SUI about 85% below its high, underscoring the scale of the previous decline and the need for a confirmed support reaction before treating the divergences as a trend change.

Stablecoin Growth Contrasts With Lower TVL

On-chain indicators present a mixed picture. Stablecoin balances have expanded across Sui Network, increasing the amount of dollar-linked liquidity available on the network. At the same time, total value locked has fallen sharply. The divergence indicates that additional available liquidity has not translated into broader DeFi deposits.

Continuing token unlocks add another supply consideration. Newly released tokens increase the circulating supply and create a persistent overhang, particularly when spot demand does not keep pace. That pressure is more significant while SUI is trading close to a major support boundary.

Network developers and ecosystem projects continue to add functionality despite the weaker market structure. Sui Insiders reported that WaaPxyz and Cetus Protocol now support autonomous wallets for artificial-intelligence agents. The agents can hold tokens, fund operations and manage automated liquidity positions on Sui.

XStableAI also announced a partnership intended to bring precious metals and foreign-exchange markets onto Sui Network. The initial announcement did not include public adoption data.

We’re proud to announce our partnership with @SuiNetwork to bring precious metals and FX markets to Sui, marking an important milestone as we continue building AI-native infrastructure for on-chain Gold & FX trading. Sui is building high-performance, programmable infrastructure… pic.twitter.com/ArxefBGq5w — XStable (@XStableAI) September 10, 2026

Buybacks Offset Only Part of New Supply

Buybacks offset part of the additional circulation. Van de Poppe said the Sui Foundation had purchased roughly 600,000 SUI through open-market buybacks. Scheduled unlocks continue to add supply against that amount.

Stablecoin growth, changes in total value locked and buyback activity consequently point in different directions. Meanwhile, token unlocks remain a continuing source of circulating supply during a period of softer demand.

The source article was published by Blockonomi on September 11, 2026: https://blockonomi.com/sui-price-prediction-eyes-0.85-if-buyers-defend-0.71-support/