The SUI coin price continues to keep its uptrend intact despite encountering a six-hour network outage. The micro uptrend that SUI is maintaining will be important for it to break its 6-month macro downtrend.
On Wednesday, the SUI network stalled, stopping all transactions from going through for nearly 6 hours. According to the SUI team, it was recognized as a ‘consensus outage’ that stopped the validator from producing new blocks, which froze more than $1 billion in transactions during the downtime.
After diagnosing the problem, the team stated, “The Sui network is now back and fully operational. Transactions are flowing normally.” SUI prices were not impacted much by the outage, as it was able to hold its shape even during the downtime.
SUI uptrend remains intact
Of course, there was a small drop in the prices; however, it was negligible and failed to shake the SUI holders’ confidence in the network. SUI held strong as it did not even look for support from the 20-day moving average or the 50-day MA, which was just below it.
Not searching for support during the outage was not even the best part, but it was also able to maintain its newly established micro uptrend. The micro uptrend that SUI has been maintaining since the beginning of 2026 is of great importance, as it could be the last straw for SUI to dismantle the 6-month-long downward trend.
SUI might break the 6-month downtrend
Given that SUI can maintain this micro uptrend for some time, it would be able to hit $2.3, a pivotal point, which, if broken, would weaken the bearish pressure. Once SUI breaks this resistance level, the downtrend of lower highs (red dots) will be discontinued.
Judging by the technical indicators, the Relative Strength Index (RSI) shows no extreme condition; as such, there is room for SUI to move upwards. In fact, the moving averages support the bullish scenario; the 20-day MA has crossed above the 50-day MA. As such, SUI could further appreciate in the coming days.
