Sui's price increased by 0.79% in the past 24 hours, trading at $0.978, as anticipation builds for Grayscale's $GSUI ETF launch on February 18. The ETF, set to trade on NYSE Arca, offers regulated exposure to Sui, potentially attracting institutional investors. Grayscale has waived the 0.35% management fee for the first three months, aiming for $1 billion in assets under management. Sui faces resistance at $1.20, with short-term targets between $1.20 and $1.50. The Relative Strength Index (RSI) at 52 suggests moderate bullish momentum. Open interest in SUI has risen by 0.82% to $512.65 million, indicating increased investor activity.