SUI Price Prediction: Oversold Conditions Target $1.05 Recovery by March 2026
Peter Zhang Feb 24, 2026 13:18
SUI trades at $0.85 with RSI at 30.73 signaling oversold conditions. Technical analysis suggests potential bounce to $1.05 resistance if bulls defend $0.81 support level.
SUI Price Prediction Summary
• Short-term target (1 week): $0.93 • Medium-term forecast (1 month): $0.81-$1.05 range
• Bullish breakout level: $1.05 • Critical support: $0.81
What Crypto Analysts Are Saying About Sui
While specific analyst predictions are limited for the current period, recent technical analysis from Gordon Frayne in January 2026 highlighted SUI's critical support and resistance zones that remain relevant today. Frayne's analysis discussed potential bullish and bearish scenarios based on SUI's technical structure and fundamental developments.
According to on-chain data patterns observed across major platforms, Layer 1 tokens like SUI often experience significant rebounds when RSI reaches oversold territories below 35, particularly when trading near key Bollinger Band support levels.
SUI Technical Analysis Breakdown
SUI's current technical picture presents a mixed but potentially bullish setup despite recent weakness. The token is trading at $0.85, down 6.03% in the last 24 hours, but several indicators suggest oversold conditions may lead to a near-term bounce.
The RSI reading of 30.73 places SUI in neutral territory, approaching oversold conditions that historically precede reversals. The MACD histogram at -0.0000 shows bearish momentum is weakening, though the overall trend remains negative with MACD at -0.1001.
SUI's position relative to Bollinger Bands is particularly noteworthy, with a %B reading of -0.01 indicating the price is trading just below the lower band at $0.86. This extreme positioning often signals oversold conditions and potential mean reversion toward the middle band at $0.95.
The moving average structure shows clear resistance levels, with the 7-period SMA at $0.92 and 20-period SMA at $0.95 acting as immediate overhead resistance. Longer-term averages at $1.31 (50-SMA) and $2.25 (200-SMA) highlight the significant distance SUI needs to recover to reclaim bullish momentum.
Sui Price Targets: Bull vs Bear Case
Bullish Scenario
If SUI can hold above the critical $0.81 strong support level, a Sui forecast targeting the immediate resistance at $0.89 becomes achievable. A break above this level would open the path to $0.93 strong resistance, representing a 9% upside from current levels.
The ultimate bullish target sits at the Bollinger Band upper level of $1.04, which would require sustained buying pressure and a clear RSI break above 50. This SUI price prediction scenario depends on broader crypto market recovery and successful defense of current support zones.
Technical confirmation for the bullish case would include RSI moving above 40, MACD histogram turning positive, and daily closes above the 7-period SMA at $0.92.
Bearish Scenario
Failure to hold the $0.81 strong support could trigger further downside toward the $0.83 immediate support level. A break below this zone would likely accelerate selling pressure, targeting lower support levels not clearly defined in current technical data.
The bearish Sui forecast considers the significant distance from higher timeframe moving averages, suggesting any recovery may face strong resistance. Additionally, the current trading range shows limited buying interest above $0.91, indicating weak demand at higher levels.
Risk factors include continued broader crypto market weakness, potential selling pressure from long-term holders, and failure to maintain current support levels amid low trading volumes.
Should You Buy SUI? Entry Strategy
The current SUI price prediction suggests a cautious but potentially rewarding entry strategy for risk-tolerant traders. Consider dollar-cost averaging between $0.83-$0.85 with tight risk management.
Primary entry point: $0.83 (immediate support test) Secondary entry: $0.81 (strong support retest) Stop-loss: $0.79 (clear break of support structure) Initial target: $0.93 (strong resistance)
For conservative investors, waiting for a confirmed break above $0.89 with RSI above 40 would provide better risk-adjusted entry, though at the cost of missing potential oversold bounce gains.
Position sizing should remain modest given the technical uncertainty, with maximum 2-3% of portfolio allocation recommended for this SUI price prediction scenario.
Conclusion
This SUI price prediction sees a 60% probability of testing $0.93 resistance within the next two weeks, provided the $0.81 support level holds firm. The oversold RSI conditions and extreme Bollinger Band positioning support a tactical bounce, though longer-term trends remain challenging.
The Sui forecast remains cautiously optimistic for March 2026, with potential for $1.05 if broader market conditions improve. However, failure to hold current support levels could extend the correction further.
Disclaimer: Cryptocurrency price predictions are highly speculative and subject to extreme volatility. Past performance does not guarantee future results. Always conduct your own research and never invest more than you can afford to lose.
Image source: Shutterstock- sui price analysis
- sui price prediction
