SUI price is trying a to reclaim a key psychological stage as the 21Shares Spot SUI ETF begins buying and selling on Nasdaq.
Abstract
- SUI is buying and selling close to $0.87 after a pointy multi-week decline.
- The 21Shares Spot SUI ETF (TSUI) has formally launched on Nasdaq.
- Technical indicators recommend a possible short-term bounce if assist holds.
Sui was buying and selling at $0.8786 at press time, up 3.4% up to now 24 hours. The token has struggled to reclaim the $1 psychological stage in current classes.
Sui (SUI) has hovered between $0.8519 and $0.9783 over the previous week. It has fallen about 8% in seven days and is down practically 40% over the previous month, exhibiting continued promoting strain.
Spot quantity reached $474 million, a 12% drop from the day past, indicating weaker buying and selling exercise. CoinGlass data reveals derivatives quantity down 14% to $685 million, whereas open curiosity slipped 2.8% to $447 million, indicating leverage is cooling quite than increasing.
21Shares launches spot SUI ETF on Nasdaq
The minor price restoration comes as the 21Shares Spot SUI ETF (TSUI) launched on Nasdaq on Feb. 24.
The ETF permits U.S. buyers to achieve spot publicity to SUI by conventional brokerage accounts with out instantly holding the token. TSUI carries a 0.30% administration price, waived by October 2026, and launched with about $9.2 million in belongings underneath administration.
TSUI isn’t registered underneath the Funding Firm Act of 1940 and doesn’t supply the identical regulatory protections as ‘40 Act ETFs. The product follows 21Shares’ earlier 2x leveraged SUI ETF launched in December 2025
Sui, which focuses on funds, tokenization, and DeFi instruments, was based by former members of Meta’s Diem and Libra tasks.
The community has dealt with greater than $100 billion in stablecoin transfers within the final six months. Its decentralized exchanges noticed a quantity of $6.5 billion over the previous 30 days, indicating lively on-chain use.
ETF launches have typically lifted crypto costs. Following the 2024 approval of Bitcoin ETFs, institutional capital poured in and liquidity rose, bolstering the market. The impact TSUI has on SUI’s price will in all probability rely on its potential to attract comparable inflows.
Sui price technical evaluation
After falling from above $1.80 to about $0.85, SUI has been in a downward development for a number of weeks. The every day chart signifies ongoing short-term weak point with decrease highs and lows.
The price at present trades beneath the 50-day and 20-day transferring averages, which serve as resistance. A transfer again above the 50-day common close to $0.94 can be the primary sign that short-term momentum is shifting.
The relative power index lately dipped into the low-30 vary, indicating near-oversold situations, and is now turning upward. On the identical time, price has been hugging the decrease Bollinger Band, and the bands are starting to contract. That setup typically precedes a volatility growth.
A aid rally towards $0.94 might emerge if SUI maintains the $0.85–$0.87 assist zone and shopping for quantity rises in tandem with ETF-related inflows. A clear break above $1.00 would strengthen the case for a broader restoration towards the $1.03–$1.20 space.
Nonetheless, if $0.85 fails to carry, the oversold bounce thesis weakens, and the price may prolong decrease as sellers regain management.
