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XRP to be included in Bitwise’s first-ever $259 million tokenized fund, CEO speaks out

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Home»Altcoins»SUI takedown attempts absorbed – is it ready to explode higher?
Altcoins

SUI takedown attempts absorbed – is it ready to explode higher?

2026-02-26No Comments3 Mins Read
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SUI has repeatedly tested key support, but every breakdown attempt has been aggressively absorbed. Instead of accelerating, the price has stabilized and started to compress, a classic sign of underlying demand. With volatility rising and pressure mounting, the question is whether this absorption phase will pave the way for a powerful upward expansion.

SUI comes into the spotlight again at $0.9884

A fresh one analysis from Altcoinpedia highlighted that SUI is trading around $0.9884, with accelerating ecosystem metrics bringing the powerful network back into the spotlight among traders and builders. Strong transaction throughput remains a key benefit, allowing applications to scale efficiently without congestion while keeping latency low for users.

Related reading

Developer activity continues to expand, with new DeFi protocols, gaming projects, and consumer applications launching to leverage SUI’s object-centric architecture. Liquidity within ecosystem-based decentralized exchanges has grown steadily, indicating meaningful participation rather than short-term speculation. At the same time, broader institutional access is creating regulated exposure pathways, while on-chain data shows increasing wallet growth and consistent network usage, which are clear signs of real traction.

SUI
Source: Chart from Altcoinpedia on X

The conversation around SUI is shifting from early potential to proven execution. Markets tend to reward ecosystems where technical performance aligns with usability, and that alignment is becoming increasingly visible. With price consolidation near zones that have historically been strategically attractive accumulationthe overall structure seems constructive.

As liquidity deepens, developer momentum strengthens, and institutional awareness increases, the foundation for a bigger move continues to form. The most important elements for expansion are present, and with that outbreak energy formation, the broader market could soon begin to reflect this progress.

See also  Tornado Cash developer says court has derailed appeal attempts after extending his pre-trial detention

Volatility expansion, but disturbances absorbed

The price of SUI against Bitcoin was 0.00001351, and the reaction was immediate. According to crypto analyst Umair Crypto, volatility increased sharply, but every attempt to close below that level failed. Each breakdown was met with absorption, resulting in roughly 2 days and 8 hours of tight consolidation, with 14 consecutive candles staying right at support. That kind of behavior indicates active defense, not arbitrariness.

Related reading

Now the price is starting to go higher, but confirmation is still required. The next big trigger comes from the BTC pair. Sustained closes above 0.00001372 would break the RSI trendline and signal a potential structural shift in momentum.

If that breakout materializes, it could lead to the USDT pair regaining the 50 SMA recovery of the black box resistance zone, activation of an inverse head and shoulders pattern and a measured move targeting around $0.96.

Until the BTC pair breaks decisively structurethe USDT pair remains restricted and trading near lows and below the 50 SMA. In this setup, the BTC pair dictates the direction and the USDT pair follows.

SUI
SUI is trading at $0.94 on the 1D chart | Source: SUIUSDT on Tradingview.com

Featured image from YouTube, chart from Tradingview.com

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Absorbed Attempts Explode Higher ready SUI takedown
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XRP to be included in Bitwise’s first-ever $259 million tokenized fund, CEO speaks out

XRP to be included in Bitwise’s first-ever $259 million tokenized fund, CEO speaks out

XRP to be included in Bitwise’s first-ever $259 million tokenized fund, CEO speaks out

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