The SUI token jumped 21.4% in 24 hours during a broad crypto short squeeze triggered by Bitcoin nearing $85,000, causing $650 million in short liquidations. SUI's futures open interest rose 29% to $402 million, indicating aggressive leveraged buying beyond just short covering. Key support is at $0.9725, with potential upside targets up to $1.38 if the rally holds. The upcoming Sui Basecamp event in Singapore (Oct 7–8) is seen as a possible catalyst, supported by strong on-chain metrics and growing ecosystem activity.

Following the recent surge in SUI token price highlighted in the news, on Pluang SUI trades at Rp18,115 with a 1-day gain of 5.58% as of Sep 22, 2026 15:02 WIB. The token's market cap stands at Rp74.01 trillion, supported by a 24-hour trading volume of Rp33.64 trillion. Despite the rally, Pluang order activity shows a majority of 67% Sell orders compared to 33% Buy, with investors typically holding their SUI for around 38 days.