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SUI Approaches $4 Retest Amid Growing Institutional Momentum
SUI is approaching a critical resistance level around $4.00, driven by institutional interest and major partnerships.
SUI $4 Retest
- SUI surged 4.2% to reclaim the $3.90 area, reaching its highest point in a month.
- The altcoin has been trading between $2.50 and $4.00 since May, peaking at $4.44 in July.
- Analyst Sjuul highlights a bullish structure with recent higher highs.
- Rekt Capital suggests breaking $3.80 could lead to retesting the $5.35 ATH.
- Market watcher CW notes a sell wall from $3.85 to $4.00, indicating a need for price stability.
Momentum Drivers
- Institutional interest, Digital Asset Treasuries (DATs), and positive network developments are fueling SUI's rally.
- Sui Network is a launch partner for Google’s Agentic Payments Protocol (AP2).
- Tuttle Capital filed for a SUI Income Blast ETF.
- SEC delayed the decision on the 21Shares SUI ETF to December 2025, but approval may come earlier.
- Nasdaq-listed SUI Group Holdings holds approximately 102 million tokens, valued at around $403 million.
Currently, SUI trades at $3.95, up 10% over the week.
