The key question today: does that line hold into Tuesday’s US CPI, or does $SUI slip toward the $0.83 breakdown trigger?
Technicals
Price sits just above the 200-day average and below the shorter moving averages; Blockchain.News called $0.84 “the last identifiable floor” (Nov 3) and on Nov 7 described SUI steadying near support.
RSI (14, daily): no fresh figure found.
Resistance: $0.8758 (24h high), $0.935 (recent hourly high), $1.00 (round number), $1.05 (the level analysts say stands between SUI and a recovery).
Support: $0.8498 (24h low / 200-day average zone), $0.835 (CoinGabbar key support), $0.832 (7-day low), $0.83 (CryptoDaily breakdown trigger).
Fundamentals and on-chain
ETFs: US SUI ETFs logged 12 consecutive weeks of positive inflows, about $9.3M in total (Crypto Briefing). 21Shares has a Sui Staking ETF prospectus (424B3) on SEC EDGAR.
Unlocks: 13.15M SUI unlocked on Nov 1 under the vesting plan (COINOTAG); CryptoTicker notes trackers disagree on exact unlock dates; CoinGecko shows the next one on Dec 1.
Network activity (TVL, DEX volume, stablecoins): no fresh figures found for this week.
Derivatives: perpetual open interest about $850.6M with 8h funding slightly negative at −0.0045% (CoinGecko), so shorts are paying longs; Blockchain.News said futures positioning turned more constructive (Nov 6–7). No fresh liquidation numbers found.
Macro: crypto Fear & Greed 25 (Extreme Fear, Nov 7); CME FedWatch puts Dec 9 hike odds at ~76.8% (Nov 7).
Top news
SUI ETFs extended their inflow streak to 12 straight weeks (~$9.3M cumulative).
21Shares’ Sui Staking ETF prospectus is posted on SEC EDGAR.
13.15M SUI unlocked on Nov 1; trackers differ on the next dates.
Analysts flag the 200-day average as the line that decides SUI’s next move.
Forecasts
🟢 Bullish: $1.00–1.05 — hold $0.85, reclaim $0.935, and a cooler CPI eases rate-hike bets.
⚪ Base: $0.83–0.94 — choppy trade around the 200-day average into CPI.
🔴 Bearish: below $0.83 — a daily close under $0.83 would confirm the breakdown analysts warn about.
Analysts: Blockchain.News sees $0.84 as the last clear floor; CryptoDaily warns a rejection at the 200-day average could push SUI below $0.83; an analyst cited by TokenPost ties a $1.60 scenario to first reclaiming $1.05.
Upcoming events
Mon Nov 9, 02:00 — weekly candle close (00:00 UTC).
Tue Nov 10, 15:30 — US October CPI (08:30 ET).
Wed Nov 18, 21:00 — FOMC minutes (14:00 ET).
Wed Dec 9, 21:00 — Fed rate decision (14:00 ET).
Market overview, not investment advice. Prices at time of writing. DYOR.