Price Analysis View Non-AMP

SUI Price Analysis: Why $10 Could Be the Next Explosive Target

Published by
Sahana Vibhute

After weeks of steady selling pressure, the SUI price is now standing at a crucial point. The token recently slipped below the key $1 support level, extending a clear pattern of lower highs and lower lows. Sellers have controlled the structure for some time, and the latest breakdown pushed SUI back into the price range it traded in before the 2025 breakout. Now, price is sitting inside a familiar demand zone that previously sparked strong upside momentum.

In the meantime, the descending resistance remains firmly in place, and there are no confirmed signs of a trend reversal yet. So the big question is simple: can this support zone trigger a rebound, or is SUI preparing for another leg lower?

SUI faced a sharp rejection in the early days of the year, which quickly evolved into a deeper correction, wiping out nearly 55% of its previous gains. Although bulls stepped in to slow the decline, they failed to reclaim and hold above the crucial $1 level, keeping the broader structure under pressure. At present, price continues to trade below key resistance, suggesting sellers still hold the upper hand. However, similar demand zones in the past have triggered strong rebounds. The question now is whether bulls can regain momentum or if another leg lower is still ahead.

SUI is not “just consolidating”—it’s compressing after a completed impulse, which is exactly where asymmetric trades form. The weekly structure shows two full expansion cycles (+505% and +1050%), each preceded by a falling wedge and a higher low on the macro trendline. The current price action is repeating that same playbook.

What matters now is where risk is defined. The $0.90–$0.95 zone is the line bulls must defend. Price is compressing into the apex of the wedge while volatility is contracting, a classic pre-expansion condition. This is not weakness; it’s energy storage.

If the SUI price reclaims $1.30–$1.36 on a weekly close, it confirms Wave 3 initiation. That opens measured targets at $2.22 → $3.53 → $4.90, with an extended cycle projection toward $6.5–$13 if momentum mirrors prior waves. Failure only occurs on a weekly close below $0.85; until then, downside is defined, and upside is exponential.

FAQs

What is causing SUI’s recent price drop?

SUI fell below $1 due to sustained selling pressure, lower highs, and failed attempts by bulls to reclaim key resistance levels.

Can SUI rebound from its current demand zone?

A rebound is possible if buyers reclaim $1.30–$1.36 on a weekly close, confirming a potential bullish Wave 3 cycle.

What are the potential targets if SUI turns bullish?

Measured upside targets start at $2.22, followed by $3.53 and $4.90, with extended projections toward $6.5–$13.

When would SUI confirm a bearish failure?

SUI would confirm downside failure only on a weekly close below $0.85, which defines risk for bulls and sellers’ control.

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.

Sahana Vibhute

A passionate cryptocurrency and blockchain author qualified to cover every event in the crypto space. Researching minute occurrences and bringing new insights lie within the prime focus of my task.

Recent Posts

BlackRock IBIT Sees $39M in Inflows

BlackRock’s iShares Bitcoin Trust recorded a $39.3 million net inflow on April 21, adding 521…

April 22, 2026

3 Altcoins That Are Showing Insane Performance This Week

The start of the week had been pretty volatile for the crypto markets, with the…

April 22, 2026

Bitcoin Price Prediction: Strategy Hits 815,061 BTC as Digital Gold Thesis Locks In

The Bitcoin price prediction from Grok AI and ChatGPT both point toward a digital gold…

April 22, 2026

Solana Price Prediction: $85 Zone Turns Critical Amid New Catalysts

Solana’s price may appear stagnant, but the $85 zone is now turning into one of…

April 22, 2026

KelpDAO Hackers Move Millions Into Bitcoin

Hackers behind the KelpDAO breach have started moving stolen assets into Bitcoin, using THORChain to…

April 22, 2026

SpaceX Eyes $60B Cursor Deal, Signaling New AI Coding Era

Elon Musk’s SpaceX revealed that it has secured an option to acquire Cursor, the AI…

April 22, 2026