SUI News Today: SUI Challenges $1.80 Support—Pathway to $20 or Headed for More Losses?
The
At present, SUI is trading within a crucial support band between $1.80 and $2.10—a zone that has previously sparked strong recoveries, the report highlights. Experts also point out that this level acted as a liquidity sweep before SUI’s surge to $5 at the start of 2025, as reported by
Forthcoming token unlocks, set to release about 92 million SUI tokens (valued at $206 million) over the coming month, have created some short-term selling pressure, according to Brave New Coin’s analysis. Nevertheless, experts note that SUI’s deep liquidity and institutional demand have often cushioned such events. The Sui network, with a Total Value Locked (TVL) surpassing $2 billion, continues to draw both developers and investors, reinforcing optimism for the future, the report adds.
Technical studies point to a bullish accumulation period for SUI, with major Fibonacci extension levels indicating mid-term targets of $5–$8 and long-term potential above $20, as echoed in recent analyses. Elliott Wave analysts believe the current corrective stage may be ending, with a breakout above $2.59 likely to start a new upward trend; in contrast, a fall below $1.80 could extend the consolidation phase.
Sui’s blockchain, built for rapid transactions using the Move programming language, has experienced increasing adoption. Recent collaborations, such as its integration with
Although optimism is building, experts warn that SUI must weather short-term fluctuations and sustain its ecosystem’s growth. A persistent drop below $0.36 would undermine most bullish projections, according to InvestingHaven. If SUI maintains its support and surpasses key resistance points, it could reach $7–$10 by mid-2026 and potentially exceed $20 by the end of 2026, provided market conditions remain favorable, commentators conclude.
