Sui Price Prediction: SUI Nears Historic Support Zone as Traders Assess Next Major Move

SUI price is approaching a technically significant price level that has played a decisive role across previous market cycles. A review of SUI’s daily and weekly price structure since launch shows this area repeatedly acting as structural support during broader crypto pullbacks. With overall market sentiment still fragile, traders are now evaluating whether this long-term zone can stabilize price action again or give way to renewed downside pressure.

Sui Price Today Holds Long-Term Trendline Support

At the time of writing, the Sui price today is trading at $1.42, reflecting a 5–6% decline over the past 24 hours, according to aggregated exchange pricing data. Despite the pullback, the price of Sui remains aligned with a rising trendline that can be traced back to the asset’s early post-launch trading phase.

SUI is retesting a long-term trendline near the 0.786 Fibonacci support that has historically preceded strong rallies, with a potential rebound toward $2.2–$2.8 if support holds and downside risk increasing only on a confirmed breakdown. Source: CRYPTOMOJO_TA on TradingView

A review of historical price behavior on the weekly chart shows that this trendline has been tested multiple times since inception. Each prior interaction was followed by a multi-week rebound accompanied by increased trading volume, suggesting active participation from longer-term buyers rather than short-term speculation.

This zone also overlaps with the 0.786 Fibonacci retracement, measured from SUI’s all-time high near $5.35 to its most recent cycle low. While Fibonacci levels are not predictive on their own, they are commonly monitored by institutional and systematic traders as potential areas of demand clustering.

Sui Chart Signals Accumulation Zone Amid Volatility

From a structural standpoint, direct inspection of the Sui chart reveals a broader ascending channel that defines the token’s long-term market trajectory. Within that framework, price is currently moving inside a shorter-term descending channel that developed during the recent correction phase.

The chart structure shows price trading within a long-term ascending channel and a short-term descending channel that signals accumulation, with gradual position building favored and upside potential emerging on a confirmed breakout above resistance. Source: OpenYourMind1318 on TradingView

This configuration typically reflects consolidation rather than trend invalidation. Historical comparisons within SUI’s own price history show that similar channel compressions have previously preceded directional expansion once price reclaimed overhead resistance.

While downside risk remains present, particularly in a weak macro environment, this zone has historically aligned with gradual accumulation behavior rather than aggressive distribution. If price were to briefly dip below support before reclaiming it, that move would remain consistent with prior basing structures observed on higher timeframes.

Market Performance and Key Metrics

Recent Sui crypto news indicates that SUI has shown relative resilience compared to the broader altcoin market. While several mid-cap assets have declined by more than 10% over the past week, SUI’s losses have remained within a comparable but narrower range.

According to publicly available market data from major tracking platforms:

• Market capitalization: Approximately $5.2 billion

• 24-hour trading volume: Around $840 million

• Circulating supply: Roughly 3.74 billion SUI, from a maximum supply of 10 billion

These metrics place SUI among the more liquid Layer-1 networks, which helps explain why price movements have remained orderly despite elevated volatility across the sector.

Ecosystem Growth Offsets Bearish Sentiment

Despite near-term price pressure, on-chain indicators point to continued activity across the Sui ecosystem. Network dashboards tracking wallet creation show an average of roughly 500,000 new accounts per day, while total value locked (TVL) has trended toward yearly highs based on decentralized finance activity.

While many altcoins are making new lows, SUI is maintaining a local bullish structure and showing signs of increased buying interest, suggesting potential relative outperformance. Source: @AltCryptoGems via X

Institutional engagement has also expanded gradually. Exchange-traded products linked to SUI have been listed in select international markets, including Brazil. These instruments are not U.S. spot ETFs, but they do reflect growing institutional accessibility to the asset. While claims of large-scale whale accumulation remain anecdotal and unverified on-chain, these developments indicate increasing visibility for the Sui blockchain among professional investors.

Analysts caution, however, that ecosystem growth does not automatically translate into immediate price appreciation, particularly during periods of risk-off sentiment across digital assets.

Technical Indicators Reflect Mixed Momentum

From a technical perspective, indicator readings remain mixed but are beginning to stabilize. Most higher-timeframe moving averages continue to reflect the prevailing downtrend, while several momentum indicators show early signs of basing.

• Relative Strength Index (RSI): Near 40, indicating neutral momentum rather than oversold conditions

• MACD histogram: Slightly positive, suggesting early bullish divergence on lower timeframes

• Bollinger Bands: Price is trading near the lower end of its recent range, a zone historically associated with mean reversion rather than continuation

Immediate support remains concentrated around $1.40, with a more critical structural level near $1.30. A sustained break below that area would materially weaken the current technical setup and reinforce a bearish bias among Sui bears crypto participants.

Sui Price Prediction Levels in Focus

In the short term, price action around $1.56–$1.71 represents a key inflection zone. This range aligns with the 20-day moving average and the upper Bollinger Band, making it a logical confirmation level for any recovery attempt.

Sui was trading at around $1.42, down 5.09% in the last 24 hours. Source: Brave New Coin

If price can reclaim and hold above this zone with expanding volume, multiple Sui crypto price prediction models point toward a recovery range between $1.70 and $2.10. More extended upside scenarios toward $2.20–$2.80 would require sustained momentum and supportive conditions across the broader market.

On the downside, a failure to hold $1.30 would invalidate the current Sui token price prediction framework and shift focus toward psychological support near $1.00.

Final Thoughts

Sui is once again trading at a technically important crossroads. The token sits near a historic support zone that has previously preceded multi-week recoveries, while broader market conditions remain cautious. Direct chart analysis shows early stabilization signals, supported by improving ecosystem metrics and steady liquidity conditions.

Whether this level ultimately serves as a base or breaks down will shape SUI’s trajectory in the weeks ahead. For now, price action around key support and resistance levels remains the primary determinant, with traders awaiting confirmation rather than reacting to speculation.