SUI Shows Resilience Amid Network Turbulence: Can It Still Hit $10 by 2026?
SUI is currently trading around $1.77, down 2.77%, as it stabilizes following a sharp pullback from recent highs. Market activity remains steady, with strong exchange volume and consistent trader participation. The price action reflects an orderly absorption of news rather than panic selling. The token's resilience at a key demand zone has traders questioning whether this rebound can sustain through 2026.
Network outrage briefly put sui in the spotlight, but the muted market response suggests either manageable issues or already priced-in selling pressure. Quick fixes and transparent communication from developers prevented a breakdown in sentiment. Notably, the price base held firm—signaling accumulation rather than capitulation.
Technical hurdles remain. A descending trendline caps the weekly charts, while the Ichimoku Cloud indicates multiple resistance levels must be broken to establish a sustained uptrend. The coming months will reveal whether the current stability evolves into a full trend reversal or requires stronger catalysts.