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SUI token nears $1.20 amid strong momentum and key resistance at $1.27 ahead of major token release.

Technical Signals
02 Oct 2026
Blockonomi
View Source
Bullish
SUI token nears $1.20 amid strong momentum and key resistance at $1.27 ahead of major token release.

The SUI cryptocurrency has surged from around $0.65 in August to trade near $1.18, hitting an intraday high of $1.2172 on October 2. Technical analysis shows a recurring breakout pattern with a critical resistance level at $1.27, which if surpassed, could trigger further gains. This price rally is supported by recent network developments, including a partnership to set tokenized asset standards and the launch of the DeepBook trading app. Additionally, about 23.38 million SUI tokens are set to be released on October 3, representing a small portion of the total supply but coinciding with the token approaching key technical resistance levels.

As of October 2, 2026, 15:31 WIB, SUI trades at Rp21,272 on Pluang, marking a 3.50% gain over the past day. This price level is part of a broader market interest reflected in a substantial market cap of Rp86.38 trillion and a 24-hour trading volume of Rp15.51 trillion. Nearly half of Pluang's order activity is balanced between buyers and sellers, with typical hold times around 38 days, highlighting steady investor engagement as SUI approaches its technical resistance.

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