SUI is showing a very clear wave pattern: a strong price expansion, thick liquidity, and a bullish structure maintained across multiple timeframes. At 07:59 on 22/09/2026 (UTC+7), SUIUSDT is trading around 1.0508 USD. The 24-hour data on Binance records an increase of about 12.56%, a trading range of 0.9142–1.0815, and more than 233 million USD in spot volume. CoinMarketCap reports a price around 1.03 USD, up about 14.45%, with market capitalization of over 4.2 billion USD; CoinGecko places SUI among the top 30 largest assets in the market, with trading volume near 2 billion USD.
What’s notable is that the price is above the EMA20 and EMA50 on both the 15-minute and 1-hour charts, and also higher than the EMA20 on the 4-hour chart. The bullish structure is still solid, but the 1.0739–1.0815 area has just shown selling pressure, and price is currently right below the trigger zone. Therefore, my view is that the wave is strong and I’d hit it hard — but only when the candle confirms. Don’t buy after a straight bullish pull; let price prove that the buy side is strong enough to hold the 1.052 level first.
ENTRY: 1.052–1.054
SL: 1.012
TP1: 1.128
TP2: 1.162
TP3: 1.196
R:R: 1.7 at TP1 | 2.5 at TP2 | 3.3 at TP3
Trigger condition: The 15m candle closes above 1.054, then a retest holds and keeps 1.052; prioritize signals with buy volume staying above the nearest moving average.
Cancel the trade when: The 15m candle closes below 1.012 or the rising low structure breaks before the Entry is triggered.
Time limit: Until 07:59 on 23/09/2026 (UTC+7); after that point, it must be recalculated using new data.
Distance from the worst entry to the SL is about 4%, so the position size must be calculated based on the amount you are willing to lose, not on emotion. You can split the order in the Entry zone instead of putting all capital at one point. When price hits TP1, prioritize taking partial profit and reducing risk; TP2 is used to lock in more profit; TP3 is only for the remaining position if price holds momentum. If the triggering signal does not appear, staying out is also a trading decision.
The fundamental background for Sui adds more substance: Sui Foundation recently announced a direction for building secure financial infrastructure, along with components such as gas-free stablecoin payments and cooperation with Daya for payments in Africa. This supports the ecosystem narrative, but it’s not enough to confirm that these are the direct cause of today’s surge. The near-term risk to note is the scheduled unlock on 01/10; if the capital flow weakens before that event, volatility could reverse quickly.
Source: Binance Spot, CoinMarketCap, CoinGecko, Sui Foundation Blog.
The content is for information only and not financial advice.