The price of Sui (SUI) is currently at $1.13, having faced a 1.30% decline over the past 24 hours. This recent downturn has pushed the token into oversold territory, with a Relative Strength Index (RSI) of 28.11. Analysts are suggesting that these conditions may set the stage for a rebound, potentially targeting a recovery range of $1.50 to $1.85 by March 2026.
Looking at the short-term outlook, analysts forecast a price target between $1.18 and $1.22 within the next week, while the medium-term prediction remains optimistic for a climb within the $1.50 to $1.85 range. Key resistance levels are identified at $1.41, with critical support established at $1.03.
Recent insights from analysts underscore the significance of Sui”s oversold conditions as a driving factor for potential recovery. On January 30, 2026, analyst Iris Coleman remarked, “Sui trades at $1.28 with oversold RSI at 28.69 signaling potential bounce.” Similarly, Jessie A Ellis observed on February 1, 2026, “SUI trades at $1.10 with oversold RSI at 21.83 signaling potential bounce.” These assessments highlight a consensus on the possibility of a price uptick.
However, a more cautious stance was taken by CoinCodex on January 29, 2026, predicting a decline to $1.08 by February 2, 2026, indicating a potential drop of 23.36% in the near term.
The technical analysis of SUI reveals a mixture of potential bullish and bearish indicators. The current RSI of 28.11 emphasizes that SUI is firmly in oversold territory, a historical indicator for price reversals. This oversold status is corroborated by the token”s position within the Bollinger Bands, measuring at just 0.16. The token is significantly below key moving averages, with the 7-day Simple Moving Average (SMA) at $1.18, the 20-day SMA at $1.41, and the 50-day SMA at $1.52. Notably, the 200-day SMA stands at $2.53, showcasing the significant distance from longer-term trends.
In terms of momentum, the Moving Average Convergence Divergence (MACD) indicator currently shows a histogram reading of 0.0000, suggesting that bearish momentum may be waning. While the MACD line remains below the signal line, the convergence indicated by the zero histogram may hint at an upcoming shift in momentum.
From a volatility perspective, the Average True Range (ATR) at $0.09 indicates moderate price fluctuations, presenting both risks and opportunities for traders seeking to capitalize on a potential reversal.
In a bullish scenario, SUI could aim for the upper range of $1.50 to $1.85, as outlined by several analysts. The immediate resistance at $1.18 is crucial, aligning with the 7-day moving average. Breaking through this barrier could lead to further momentum toward the stronger resistance at $1.22. The pivotal breakout level is identified at $1.41, which corresponds to the 20-day moving average and the middle Bollinger Band. A sustained rally past this threshold would likely affirm the reversal and unlock the path toward the target range.
Conversely, a bearish scenario hinges on a failure to maintain current support levels. Immediate support at $1.08 aligns closely with recent forecasts, while a more critical support level at $1.03 must hold to avert further declines. A breach below $1.03 could trigger increased selling pressure, potentially dragging prices down to the psychological $1.00 mark and lower Bollinger Band levels. The significant gap between current prices and the 200-day moving average indicates substantial risk if market conditions worsen.
For investors considering SUI, entry strategies should be approached with caution. Risk-tolerant individuals may find current levels appealing for a potential technical bounce. The most conservative strategy would involve waiting for the RSI to surpass 30 and for the price to reclaim the $1.18 resistance level with increasing volume. More aggressive traders might opt to dollar-cost average between current levels and strong support at $1.03, employing strict stop-loss measures below $1.00 to mitigate downside risks.
In conclusion, the SUI price prediction highlights a token at a pivotal juncture, where oversold conditions may provide a foundation for a recovery towards the targets set by analysts. Nevertheless, the success of this forecast relies heavily on the token”s ability to sustain current support levels and generate positive momentum. Investors should remain aware of the inherent risks associated with cryptocurrency investments, emphasizing the importance of diligent risk management and position sizing in navigating SUI”s volatile price movements ahead.
This analysis serves as informational content and does not represent financial advice. Cryptocurrency investments carry considerable risk, necessitating individual research prior to investment decisions.
