SUI has returned to the spotlight after a price jump of more than 15%, supported by improving conditions across the broader cryptocurrency market and a visible pickup in buying activity. The move has lifted price back above the psychologically important $2 level, a zone that often acts as a sentiment divider between consolidation and recovery phases.

SUI technical analysis

SUIUSD - 1 Week Time Frame

From a structural perspective, the $1.7 area stands out as a key support, having repeatedly attracted buyers in late 2024 and again in mid-2025. This historical validation adds weight to the level and helps explain why downside momentum has slowed as price moved higher.

Above current levels, SUI is now approaching a well-defined supply/resistance (SR) zone just above $2. While this area is acting as resistance for the moment, it previously functioned as a support zone, increasing the likelihood of a reaction as price tests it again.

If SUI manages to establish acceptance above this S/R region, the chart opens into a broader sell-side liquidity zone (SSL) extending toward $2.4, where a major resistance is located. This level marks an important technical checkpoint and would likely attract profit-taking on first approach.

SUI price target

Holding above $2 keeps the near-term structure constructive, with $1.7 acting as the key downside reference. A confirmed break through the nearby S/R zone could allow price to rotate higher toward $2.4, and under continued strong demand and supportive market conditions, further upside toward the $3.5 region cannot be ruled out.

Conversely, failure to reclaim the S/R area may lead to consolidation as the market reassesses momentum after the recent rally.