SUI Maintains Key Support Amid Trader Watch

The SUI token, native to the Sui blockchain, has become a focal point for traders and institutional investors in October 2025, as its price hovers near critical support levels amid mixed technical signals and growing institutional interest. With the token currently trading around $2.68–$2.8357, according to CoinLore historical data, the market is closely monitoring whether SUI can hold above $3.26-a threshold analysts deem essential for preserving its bullish trajectory, according to a Blockchain.News prediction.

Technical Resilience: A Battle for $3.26

SUI's technical outlook remains a tug-of-war between bearish and bullish forces. The $3.26 level has emerged as a pivotal support zone, with a breakdown potentially triggering a decline to $2.48–$2.54, that analysis warned. Conversely, a sustained rebound above this level could propel the price toward $3.89 resistance, unlocking a target range of $4.38–$5.27, as the same forecast outlined. This scenario hinges on confirmation from key indicators: the RSI must rise above 50, and the MACD histogram must turn positive.

On-chain data reinforces the significance of $3.26. A double-bottom pattern has formed at this level, with traders interpreting it as a sign of accumulating buyer interest, according to a CCN analysis. Meanwhile, the $3.11 support level-aligned with the lower Bollinger Band-has shown resilience despite price dips in early October, as reported by Blockchain.News. Analysts like Michaël van de Poppe have historically linked such setups to eventual rallies. However, the absence of a clear bullish divergence in the RSI (currently at 28) suggests caution, according to CoinPedia. Historical backtesting of RSI-oversold entries shows a 23.3% total return over the period from 2022 to 2025, though with a 31.7% maximum drawdown.

Institutional Buying: A Stabilizing Force

Institutional activity has emerged as a critical underpinning for SUI's price action. SUI Group Holdings Limited's $2 million share buyback and a $50 million repurchase program, announced in September 2025, signal robust confidence in the token's long-term value, according to a Blockchain.News report. The company's treasury now holds over 100 million SUI tokens, a move analysts argue is designed to stabilize the price and deter speculative dumping.

Further institutional validation comes from the launch of native stablecoins USDi and suiUSDe, which have driven a 5% price increase for SUI, per a CoinDesk report. These developments, coupled with custody solutions from Swiss bank Sygnum and AMINA Bank's regulated trading services, underscore SUI's growing institutional-grade infrastructure, in the view of an OKX analysis. On-chain metrics corroborate this trend: SUI recorded $9.3 million in inflows in early October, with TVL in its DeFi ecosystem surpassing $2 billion, according to BlockNews.

The token's institutional appeal has also been amplified by Coinbase Derivatives' upcoming SUI futures contracts, set for October 20, as noted by CoinEdition. This development is expected to attract professional traders and hedge funds, further solidifying SUI's position in institutional portfolios.

Market Outlook: Volatility and Opportunity

Despite these positives, SUI's path forward is not without risks. The Fear and Greed Index currently sits at 34, reflecting widespread caution among retail investors (see CoinLore historical data). A breakdown below $3.11 could trigger a cascade of liquidations, pushing the price toward $1.85–$2.69, a risk highlighted in coverage of the upcoming futures launch. However, bullish analysts remain optimistic. If SUI breaks above $3.89 resistance with strong volume, it could target $4.45 by October's end, driven by ecosystem growth and broader market conditions, according to a BTCC forecast.

The coming weeks will be pivotal. Traders are advised to monitor the RSI and MACD for confirmation of a sustained rebound, while institutional on-chain activity-particularly inflows above $3.26-will be a key barometer of confidence.

Conclusion

SUI's ability to hold critical support levels like $3.26 and $3.11 will determine its near-term trajectory. While technical indicators remain mixed, institutional buying and ecosystem innovations provide a strong foundation for resilience. Investors should balance the risks of a breakdown with the potential for a rally, keeping a close eye on both on-chain metrics and macroeconomic factors shaping the crypto market.