The Pulse of

Crypto

SUI Eyes 1M TPS Test as Traders Watch $0.855 Breakout Level
Altcoin News

SUI Eyes 1M TPS Test as Traders Watch $0.855 Breakout Level

By Samuel —

SUI holds weekly support as traders watch a $0.855 breakout, with $1.05, $1.38 and $1.73 in focus before Sui’s 1M TPS test.

SUI is trading near a key weekly support level after recent pressure across the wider crypto market. 

Analysts are watching whether buyers can defend this area before another move higher develops.

The token has rejected the $0.747 to $0.855 range, which remains the main short-term resistance area. A move above $0.855 would place the next upside zones in focus.

The October flash crash has made SUI’s chart harder to read than usual. However, traders are still using support levels and breakout zones to guide short-term market plans.

Meanwhile, Sui is preparing a July 4 community experiment focused on programmable peer-to-peer tunnels. 

The test aims to explore whether the network can move toward 1 million transactions per second.

SUI Holds Weekly Support as Traders Watch $0.855

SUI remains close to weekly support after a sharp market move changed its earlier price structure. 

The token has reacted strongly from this zone, but the weekly chart has not confirmed a reversal. Therefore, traders are still watching whether support can hold.

The current resistance range stands between $0.747 and $0.855. SUI has already rejected this area, which keeps buyers under pressure. However, a clean break above $0.855 could change the short-term setup.

Some traders still expect another low before a stronger recovery takes shape. Others are watching for a firm hold at support, which could help buyers return. 

As a result, the next move around this zone remains important for market direction.

If support fails, the lower range between $0.40 and $0.30 may return to focus. 

That move would delay any recovery attempt toward higher targets. However, a strong hold could support another test of resistance.

Traders Track $1.05, $1.38, and $1.73 Price Zones

If SUI clears $0.855, the next level traders may watch is $1.05. This zone sits above the current range and could become the first upside target. 

A move through it may show stronger demand from buyers. After that, attention may shift toward $1.38. 

This level could test whether SUI has enough volume to keep moving higher. It may also show whether the breakout has support from the broader market.

The next higher zone stands near $1.73. Reaching that area would likely require steady buying pressure and better market conditions. 

Still, traders may not focus on that target unless SUI holds above earlier levels. For now, the weekly chart remains the main guide. 

A confirmed reversal has not appeared yet, despite the reaction near support. Therefore, traders are watching both breakout and breakdown levels closely.

Read Also:

SUI Bulls Defend $1.06 as Breakout Setup Builds

Sui Prepares July 4 Community Test for 1M TPS Goal

Sui is also gaining attention because of its planned July 4 community experiment. The test will focus on programmable peer-to-peer tunnels. 

It is designed to examine how the network handles higher transaction activity. The network is attempting to push toward 1 million transactions per second. 

This target has become a key part of recent discussion around Sui. Developers, validators, and market watchers may follow the test results.

However, the event remains a community test rather than proof of long-term network demand. 

Its results may show how the system performs under test conditions. Still, real use over time would require wider activity from users and applications.

For SUI traders, the timing brings both price and network activity into focus. 

The $0.855 level remains the main breakout area in the current setup. Meanwhile, the July 4 test may keep attention on Sui’s scaling plans.

Samuel

About the Author

Samuel

Leave a Reply

More Stories