SUI Tests Key Support as Stablecoin Inflows Rise Track a Potential Rebound Setup

SUI approaches a key support level at $1.32 as traders evaluate renewed buying interest and shifting sentiment across short-term market conditions this week.

Stablecoin inflows of $51 million provide broader liquidity context, shaping how market participants respond to SUI’s volatile price action patterns.

SUI is trading near a major demand zone at $1.00–$1.15 after losing long-term support around the $1.80–$2.00 range.

SUI faced a volatile week as traders tracked rising stablecoin inflows and weakening support levels. Analysts monitored price action closely for potential recovery. Market downtrend continued to pressure the asset amid cautious buying.

Stablecoin Growth Adds Context to Market Conditions

Marc Shawn Brown reported that SUI’s ecosystem saw about $51 million in stablecoin additions over seven days. The attached visual showed the stablecoins market cap near $694.86 million with a weekly rise of 4.63%. The chart displayed long periods of steadiness before strong upward movement.

The trend later shifted followed by an abrupt decline. This pattern pointed to a week of uncertainty in crypto markets, where traders often rotate into stablecoins. The rebound near the end of the graph suggested renewed activity entering the market.

This backdrop added broader context for SUI traders who monitored liquidity conditions while evaluating potential price movements.

Traders Watch Support as Short-Term Setups Form

Analyst Ali shared a chart centered on the SUI/USDT perpetual contract. Price had slipped toward the $1.32 support area, where long wicks signaled a clear attempt by buyers to defend the level. His outlook introduced scenarios showing the path toward a relief move if that support stayed intact.

The first projection showed the possibility of a modest recovery toward $1.36–$1.38. This area could create short-term congestion as price retested minor resistance. A more extended push, according to the chart, would require a break toward $1.44, a level that previously acted as mid-range structure.

If buyers regained control at that midpoint, Ali’s second dotted path pointed toward $1.56–$1.58. However, the chart also conveyed that the move depended on the strength of demand at $1.32.

Long-Term Chart Shows Broad Market Pressure

Professor Keith provided a wider lens by examining the SUI weekly chart. His post noted that SUI has fallen roughly 75% from its highs. The asset recently lost the major support band between $1.80 and $2.00, turning it into resistance during attempts to recover.

The weekly structure displayed lower highs and persistent selling pressure. Each rally attempt faced consistent rejection, reinforcing the broader downtrend. The momentum aligned with the red trendline that continued pressing price toward lower levels.

Price now sits above the green demand block between $1.00 and $1.15. Traders observing the weekly chart viewed this zone as a critical area where long-term buyers previously reacted as SUI moved toward earlier cycle lows.

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