{"id":628483,"date":"2026-08-27T05:30:30","date_gmt":"2026-08-27T09:30:30","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=628483"},"modified":"2026-08-27T05:02:46","modified_gmt":"2026-08-27T09:02:46","slug":"sui-crypto-faces-phantoms-planned-exit-can-the-altcoin-reclaim-this","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/sui-crypto-faces-phantoms-planned-exit-can-the-altcoin-reclaim-this\/","title":{"rendered":"Sui crypto faces Phantom\u2019s planned exit \u2013 Can the altcoin reclaim THIS?"},"content":{"rendered":"<p>The Sui [SUI] token price action was firmly bullish a week ago, when the altcoin rose 45% in under three days to nearly reach the $1 round-number resistance. Selling pressure over the weekend changed this bullish outlook.<\/p>\n<p>Moreover, the buyers were unable to defend a key support zone at $0.80. This failure to defend a support was a sign that sentiment toward SUI could be changing.<\/p>\n<p>On the 21st of August, popular crypto analyst Ali Martinez used various technical indicators to show that the token was gearing up for a bullish move. This prediction seemed to be going well until the latest wave of selling.<\/p>\n<p>Should <a href=\"https:\/\/ambcrypto.com\/predictions\/sui-price-prediction\/\" target=\"_blank\" rel=\"noopener\">SUI<\/a> crypto traders and investors expect recovery, or further selling in the coming days?<\/p>\n<h2>Sui crypto bulls under pressure<\/h2>\n<figure id=\"attachment_628517\" aria-describedby=\"caption-attachment-628517\" style=\"width: 1940px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/Sui-Daily-Chart.png\"><img decoding=\"async\" class=\"size-full wp-image-628517\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/Sui-Daily-Chart.png\" alt=\"Sui 1-day Chart\" width=\"1940\" height=\"1005\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/Sui-Daily-Chart.png 1940w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/Sui-Daily-Chart-300x155.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/Sui-Daily-Chart-1024x530.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/Sui-Daily-Chart-768x398.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/Sui-Daily-Chart-1536x796.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/Sui-Daily-Chart-1200x622.png 1200w\" sizes=\"(max-width: 1940px) 100vw, 1940px\" \/><\/a><figcaption id=\"caption-attachment-628517\" class=\"wp-caption-text\">Source: SUI\/USDT on TradingView<\/figcaption><\/figure>\n<p>The $0.80 supply zone was highlighted as an important resistance for the bulls to overcome. The previous week&#8217;s rally managed to achieve this, but SUI crypto was unable to hold on to it.<\/p>\n<p><a href=\"https:\/\/ambcrypto.com\/phantom-ends-sui-network-support-as-tvl-falls-82-has-sui-become-a-dead-chain\/\" target=\"_blank\" rel=\"noopener\">Phantom wallet<\/a> has planned to end its support for the Sui Network by the 24th of September. This news likely impacted market sentiment, too.<\/p>\n<p>The price was still above the 50-day moving average at $0.72. Moreover, the CMF was at +0.05, signaling buying pressure was in the market despite the short-term correction.<\/p>\n<p>On the other hand, the prevalent swing structure on this timeframe remained bearish. AMBCrypto had warned of this <a href=\"https:\/\/ambcrypto.com\/how-high-can-sui-rally-after-250-activity-surge-analyst-says\/\" target=\"_blank\" rel=\"noopener\">structure<\/a> in an earlier report.<\/p>\n<h2>Traders&#8217; call to action- Watch out for short-term gains<\/h2>\n<figure id=\"attachment_628520\" aria-describedby=\"caption-attachment-628520\" style=\"width: 1623px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/Sui-2-hour-Chart.png\"><img decoding=\"async\" class=\"size-full wp-image-628520\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/Sui-2-hour-Chart.png\" alt=\"Sui 2-hour Chart\" width=\"1623\" height=\"963\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/Sui-2-hour-Chart.png 1623w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/Sui-2-hour-Chart-300x178.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/Sui-2-hour-Chart-1024x608.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/Sui-2-hour-Chart-768x456.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/Sui-2-hour-Chart-1536x911.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/08\/Sui-2-hour-Chart-1200x712.png 1200w\" sizes=\"(max-width: 1623px) 100vw, 1623px\" \/><\/a><figcaption id=\"caption-attachment-628520\" class=\"wp-caption-text\">Source: SUI\/USDT on TradingView<\/figcaption><\/figure>\n<p>The 1-day chart&#8217;s swing structure was bearish, but the 2-hour timeframe&#8217;s price action was seeing a bullish reaction from the $0.70-$0.75 golden pocket. It is possible that a short-term bullish reaction could commence, especially if <a href=\"https:\/\/ambcrypto.com\/predictions\/bitcoin-price-prediction\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> can rally back above $80k.<\/p>\n<p>Traders and investors shouldn&#8217;t bet on a recovery, though. Considerable buying pressure is needed to take SUI crypto above the $0.80 and $1 supply zones.<\/p>\n<p>A bounce could offer an opportunity to take profits, instead of convincing market participants to go long.<\/p>\n<hr \/>\n<h2>Final Summary<\/h2>\n<ul>\n<li><em>Sui crypto was wildly bullish a week ago but has been unable to keep the buying pressure and momentum going.<\/em><\/li>\n<li><em>In the short-term, there is potential for a recovery back above $0.80, but the buyers have to work hard to make this happen.<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>SUI reclaimed $0.80 once and lost it quickly. Why would the next attempt hold?<\/p>\n","protected":false},"author":57,"featured_media":628525,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,18,66,4,20],"tags":[6427],"class_list":["post-628483","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-hide-cryptopanic","category-new-news","category-social","category-trading-view","tag-ambcrypto"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Sui crypto faces Phantom\u2019s planned exit \u2013 Can the altcoin reclaim THIS? - AMBCrypto<\/title>\n<meta name=\"description\" content=\"The SUI crypto rally toward $1 was interrupted over the weekend, and a key support zone has been lost. Will the altcoin recover?\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/sui-crypto-faces-phantoms-planned-exit-can-the-altcoin-reclaim-this\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sui crypto faces Phantom\u2019s planned exit \u2013 Can the altcoin reclaim THIS? - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"SUI reclaimed $0.80 once and lost it quickly. 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