#SUI Although the resistance level at $0.78 is particularly noteworthy, Sui's mainnet scalability test has further boosted optimism.

With the $0.78 resistance level in focus, SUI's short-term trajectory has once again become a topic of discussion.

Analysts believe that as long as the $0.65 support level holds, $SUI 's rebound structure may continue.

If the price breaks above $0.78, the $0.95–$1.20 range could come back into view.

Successfully surpassing the 6 million TPS threshold during mainnet testing also provides additional support for long-term expectations.

SUI has maintained its rebound following the June low. Although technical indicators suggest buyers remain active in certain support zones, the price appears to be approaching a key resistance area in the short term. Market sentiment remains cautiously optimistic, provided the $0.65 level holds firmly.

Key resistance zone to watch

Analyst More Crypto Online believes that the previously formed five-wave bearish structure has likely ended. Against this backdrop, SUI's price is moving toward the resistance zone between $0.73 and $0.78. Keeping the price above $0.65 is crucial for sustaining the current rebound structure.

According to Elliott Wave analysis, a breakout above $0.78 could confirm that the second-wave rebound is accelerating. In this scenario, the $0.95–$1.20 range becomes the next resistance area. If buying pressure continues, the $1.38–$1.73 range could also be considered as a further target zone.
Conversely, if the price falls below $0.65, the current rebound scenario may weaken. In that case, there remains the possibility of increasing selling pressure and a retracement to the $0.49 support zone.

Indicators show limited but positive momentum

Technical indicators suggest that despite recent price weakness, the trend toward a rebound has not been entirely negated. Although the MACD line remains in negative territory, it sits above the signal line. The histogram remains in positive territory, indicating that buyers have not completely lost control in the short term.

Meanwhile, the RSI stands at 48.11, holding above its moving average. Although the indicator has dropped below the 50 level, it remains in the neutral zone. This picture suggests that no clear advantage has been established between buyers and sellers in the market.

Mainnet testing strengthens long-term outlook

Beyond price action, the Sui network achieved a capacity of over 6 million transactions per second (TPS) during a live test on its mainnet. Sui is described as a Layer 1 blockchain network designed to support high-speed transactions. Notably, this latest test significantly surpassed the network's previously recorded benchmark of 2.5 million TPS.

According to reports, the test process started at over 1 million TPS, was conducted without transaction fees, and took place during an AI agent competition across multiple decentralized applications. This development is seen as a factor that could boost investor confidence.

While the tug-of-war between the $0.65 support and $0.78 resistance levels will determine SUI's short-term direction, this high-capacity mainnet test has become an important factor strengthening the long-term outlook. In the coming period, attention will continue to be on whether the price can break out of the consolidation range after sideways trading. If the $0.65 support holds and market momentum strengthens, the likelihood of a move to $0.78 could increase. Conversely, if Bitcoin's relative stability and the broader market's weakening momentum persist, SUI may continue to trade within this range for some time.
‍$SUI