SUI Volume Hits $373.5M as Holders Eye $0.55-$0.65 Accumulation Zone

SUI volume hits $373.5M, beating AVAX, TON, Aptos, and Polygon, while traders watch $0.55-$0.65 after $0.80 breaks.

SUI recorded $373.5 million in daily trading volume during the latest market update. The figure placed SUI ahead of Avalanche, TON, Aptos, and Polygon.

However, the strong volume came as the token lost the $0.80 support level. That move shifted trader focus toward lower support zones.

The next major area sits between $0.55 and $0.65, based on the shared chart view. Traders are also watching a possible work toward $0.50.

As a result, SUI now presents a mixed market picture. Volume remains high, while price action shows weakness below a key level.

SUI Volume Surpasses Major Layer-1 Rivals

SUI’s daily trading volume reached $373.5 million, drawing fresh attention from crypto traders. 

The figure placed it above Avalanche, TON, Aptos, and Polygon. This gave SUI a stronger position in daily market activity.

The volume rise showed that traders remained active around the token. It also suggested that SUI continued to attract interest across exchanges. 

Still, high volume can appear during both rallies and selloffs. SUI’s place among layer-1 networks has kept it in market discussions. 

Traders often compare its activity with other smart contract platforms. Therefore, this volume move became a key data point for short-term tracking.

SUI Loses the $0.80 Support Level

Despite higher trading volume, SUI failed to hold the $0.80 support level. That level had been watched as an important short-term price area. 

Its loss placed more attention on possible downside zones. When a support level breaks, traders often watch whether price can reclaim it. 

A reclaim above $0.80 could reduce selling pressure. Without that move, the market may keep testing lower levels.

The latest price action showed that buyers were not strong enough at $0.80. 

Meanwhile, sellers gained more control after the level failed. This created a weaker setup for holders in the near term.

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Traders Watch $0.55-$0.65 Accumulation Zone

The next major support zone for SUI sits between $0.55 and $0.65. Market watchers are treating that area as a possible accumulation range. 

This means buyers may watch for stronger demand there. However, volatility could push prices lower before any recovery attempt. 

The shared outlook noted a possible work toward $0.50. Such moves can happen during fast selling or thin liquidity.

For holders, patience remains important as SUI trades below $0.80. 

For new buyers, the lower support zone may become an area to monitor. Risk control remains important because the market structure is still weak.

The post SUI Volume Hits $373.5M as Holders Eye $0.55-$0.65 Accumulation Zone appeared first on Live Bitcoin News.