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SUI sticks to the US$0.72 support level, and US$9.76 million tokens are about to be unlocked

2026-07-27 12:56:05
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SUI was trading close to $0.72, down more than 80% from its all-time high. On August 1, 13.72 million SUI tokens will be unlocked. Buyers are focused on the $0.677 to $0.696 support level looking for rebound signals.

SUI Price Analysis: Focus on Support before Unlocking the Event

SUI price analysis revolves around the support range of US$0.677 to US$0.696, and buyers are trying to hold on to the current range. Analyst Tren_Nd pointed out that this region is a key liquidity area and may determine short-term trends. SUI aims at support levels to seek rebound.

If SUI holds on to this support area, traders will focus on a potential rebound into the US$0.75 to US$0.78 resistance range. If it falls below US$0.677, it may drop further to around US$0.66.

SUI is currently trading at approximately US$0.723, up approximately 1.5% in 24 hours. Recent price trends have shown signs of consolidation, as buyers are trying to gather momentum after a long decline.

SUI token unlocking adds pressure on market structure

The upcoming SUI token unlocking will release 13.72 million tokens for allocation to early contributors, community reserves, and the Mysten Labs treasury. Early contributors will receive 7.65 million SUIs, with community reserves accounting for 4 million.

SUI is down 82.8% from its all-time high set about a year ago, and will unlock approximately US$9.76 million worth of tokens on August 1. A total of 13.72 million SUI tokens will be allocated as follows: 7.65 million early contributors, 4 million community reserves, and 2.07 million Mysten Labs treasury.

In the past 30 days, 22.6 million SUI tokens (worth approximately $16.1 million) have been unlocked through four separate events. The project has completed 40.6% of the total unlock plan.

SUI price analysis also focuses on the broader distribution of supply. Current allocation data shows that other categories hold 52.2% of the tokens, with community allocations accounting for 26%, and private investors accounting for 14.1%.

Despite pressure to unlock, some analysts are still focusing on long-term accumulation. Crypto Patel pointed out that if the SUI maintains its current structure and regains stronger momentum, there is potential upside and the goal is higher.

The next major test remains the US$0.78 resistance area, as traders continue to focus on unlocking activity and broader market conditions.

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