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Altcoins & DeFi

Sui crypto reclaims $1—Can buyers clear the $1.05 recovery hurdle?

Image: AMBCrypto

Sui [SUI] climbed back above $1 on October 20, trading near $1.0227 after bouncing from recent lows around the $0.94–$0.95 price area. The token was up 2.44% at the time of this writing. The rebound gives buyers another chance to challenge $1.05, a level that an analyst identified as important for a turnaround. However, SUI remains below that level, leaving its recovery incomplete. Van de Poppe sees a possible end to the pullback In a post on October 20 on X, van de Poppe suggested SUI might have completed its correction. He pointed to a decline from around $1.25 to $0.95, which is about 24%.

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