SUI Price Eyes Breakout as DeepBook Launch Expands Onchain Activity

Disclaimer: Cryptocurrencies are a high-risk asset class. This article does not constitute investment advice and is provided for informational purposes only. You could lose all of your capital.
SUI Price Eyes Breakout as DeepBook Launch Expands Onchain Activity
Cover illustration/art via BTCRead. Image combines content, which may include AI-generated ideas.

SUI is showing renewed bullish momentum as buyers target a key resistance zone. The token needs stronger confirmation for further upside, while holding support could preserve the bullish setup. Meanwhile, Sui’s fast settlement is enabling short-duration prediction markets on DeepBook, expanding onchain trading activity and ecosystem use cases.

As of now, according to CoinMarketCap data, SUI is trading at the price of $1.03, with an increase of 9.42% in the past 24 hours and up 31.59% over the past week.

Source: CoinMarketCap

SUI Price Faces $1.10 Resistance as Key Support Holds

According to a prominent crypto analyst, Giannis Andreou, SUI has faced selling pressure after reaching the $1.00–$1.10 resistance zone. The rejection shows that buyers still need to reclaim this area before the token can establish a stronger bullish move.

Source: Giannis Andreou’s X Post

Andreou is watching the $0.85–$0.90 range as the next key support area. If SUI holds this zone, buyers could make another attempt at the $1.00–$1.10 resistance, with a daily close above $1.10 providing stronger confirmation.

A confirmed breakout above $1.10 could shift attention toward the $1.30–$1.40 area. However, SUI would need to defend the breakout during a retest to strengthen the setup and show that former resistance has turned into support.

If SUI loses the $0.85 level, the bullish setup could weaken, bringing the $0.67–$0.72 base back into focus. The daily candle is still open, so traders may need further confirmation before the next major price direction becomes clearer.

Sui Enables One-Minute Prediction Markets on DeepBook

Sui has highlighted its fast transaction settlement as a key factor behind the launch of one-minute prediction markets on DeepBook. The network’s rapid processing allows market activity to take place onchain at a pace suited to short-duration prediction contracts.

The feature enables users to access continuous price predictions directly through the DeepBook on Sui app. The platform is now live on Sui mainnet, giving users access to one-minute prediction markets, including markets tied to Bitcoin prices.

Sui said its fast settlement infrastructure makes these short timeframes practical by allowing market updates and transactions to be processed quickly. This could support more frequent onchain trading activity while expanding the use cases available through the DeepBook ecosystem.

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Ahsan Nusrat is an experienced crypto writer with over 3 years of experience covering blockchain, crypto market trends, and Web3 developments. He focuses on breaking down complex topics into clear, engaging content for both new and experienced readers. Beyond BTCRead, Ahsan has also written for NewsBTC and contributed to various crypto PR projects.
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