SUI Price Nears a Breakout After a Year-Long Downtrend—Is It $1 Next?

• The current price structure of SUI suggests $1.10 remains a key breakout level, and a sustained move above the range could open the door toward the $1.50 range

• SUI’s narrowing weekly structure suggests selling pressure is easing, but bulls still need a decisive breakout to confirm a broader trend reversal

Sui price is showing early signs of a potential trend reversal after spending much of 2026 inside a broad descending structure. The token has bounced from the lower boundary of the formation and is now trading near $0.82, putting bulls back in focus as they attempt to reclaim the key resistance at the $1.10 zone.Â

The weekly chart shows a narrowing price structure, with SUI repeatedly making lower highs while finding support near the lower trendline. A sustained move above the descending resistance could strengthen the bullish case and open the door toward $1.10 and higher. However, with SUI still below the major resistance zone, the latest rebound needs confirmation before it can be considered a decisive breakout.

SUI Price Analysis: Falling Wedge Puts $1.10 Back in Focus

The recent rebound in the SUI price rally has brought buyers back into the picture. It has moved above the $0.8 range, while the weekly RSI has recovered towards the mid-range after spending an extended period below the neutral mark. This suggests that selling pressure has eased, although the indicator has yet to signal a clear shift toward bullish momentum.

The key test for SUI now sits around $1.10, where a horizontal resistance zone overlaps with the broader descending structure. The token briefly moved above this area earlier in the year before losing momentum, making a decisive weekly close above this range. A breakout backed by strong buying volume could provide confirmation of the beginning of a sustained recovery.

• $1.10 – Key Resistance: A decisive weekly close above this level could confirm the breakout and strengthen the bullish setup

• $1.50—First Upside Target: The next major level to watch if SUI clears $1.10

• $1.86—Secondary Target: A move above $1.50 could open the way toward this level

• $2.47—Long-term Target: The chart’s broader pattern projection, representing roughly 200% upside from current levels

• $0.74 to $0.75- Key Support: Holding this zone is important for maintaining the current recovery structure

• $0.56—Major Downside Support: A break below $0.74 to $0.75 could expose SUI to this deeper support area.Â

SUI Price Prediction September 2026: Can SUI Break $1.10?

SUI is showing signs of a potential trend reversal after months of trading within a descending structure, but the breakout still needs confirmation. The $1.10 resistance remains the key level for bulls. A weekly close above this range could strengthen the bullish case for a move into the $1.50 to $1.80 range. A failure could expose the rally to the $0.74 to $0.75 support zone, while a breakdown below it would weaken the recovery and push the levels close to $0.56.

Was this writing helpful?

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.