SUI Price Holds Support at $0.65 as Buybacks Continue

SUI is currently trading around $0.69 after maintaining a solid floor at the $0.65 level. This price action suggests that the coin is finding some stability even as the broader market remains cautious. A major factor helping to keep the price steady is a series of daily buybacks that create a recurring source of demand for the token.

While the support level is holding firm, the path toward a larger recovery remains challenging. Current data indicates that capital inflows are relatively weak. This lack of significant new money entering the asset prevents a breakout and keeps trading volumes tight for the time being.

Traders are watching to see if the ongoing buyback program can generate enough momentum to push the price past its immediate resistance levels. Until stronger inflows return to the market, SUI will likely continue to trade within this consolidated range.