SUI is attempting to confirm a technical breakout after rising above resistance near $0.85 and moving beyond the upper boundary of its previous consolidation range. The token is currently defending $0.9725, while a fall below $0.9542 would weaken the pattern of higher highs and higher lows and could return SUI to its former range. Crypto analyst Ted said SUI had broken a nine-month declining trendline and identified $1.50 as the next major price objective, while noting that further consolidation could precede another advance. Intermediate resistance levels are around $1.0370, $1.1637 and $1.38; earlier assessments had cited $1.10 and $1.35 after a move above $0.85. Separately, the Sui blockchain now supports gasless stablecoin transactions at the protocol layer, with confidential transfers scheduled for this month. The feature is designed to hide transaction amounts while preserving verifiable settlement. Walrus Protocol has also joined Sui Basecamp as a Diamond-tier sponsor, underscoring the ecosystem’s development of portable, secured and verifiable data structures. The initial breakout’s trading volume was concentrated mainly on Binance, followed by OKX and Upbit, while exchange-flow data showed active participation by both buyers and sellers.