SUI Price Revisits Key Support After September Breakout

SUI has staged a strong recovery from its September low near $0.70, climbing to almost $1.30 during its latest rally. The move significantly improved the token’s short-term picture and pushed SUI above an important resistance area that had remained relevant since May.

With the price now pulling back toward that former resistance zone, the market is testing whether the recent breakout can hold. The reaction around this area could help determine whether SUI resumes its recovery or enters a deeper correction.

SUI technical analysis

SUIUSD - 1 Day Time Frame

The area around $1.10–$1.18 originally developed as resistance following the May price action and represented an important obstacle for buyers before the latest move higher. September changed that structure. SUI moved above the resistance zone and subsequently continued higher, allowing the former resistance to begin acting as support. The token has now returned to test this area from above, making the current correction technically significant.

The 0.5 Fibonacci retracement near $1.10 also sits close to the lower boundary of the support zone, adding further importance to the current price region. The reaction within the $1.10–$1.18 area is therefore central to the setup. Holding above this zone could indicate that the previous breakout remains accepted and help preserve the latest bullish structure.

A constructive retest could create conditions for another move toward previous highs. Conversely, a sustained move back below the zone could weaken the quality of the breakout and place the September recovery under greater pressure.

SUI price target

If buyers successfully defend the current support area and bullish momentum resumes, the first major Buy-Side Liquidity target is located around $1.40, near the May high. A sustained move above this level could shift attention toward the next important target around $1.70. Beyond that, the larger liquidity area near the psychologically significant $2.00 level could come into focus.

For now, SUI is testing the same zone that previously acted as resistance before the latest breakout. The combination of the $1.10–$1.18 support area and the nearby 0.5 Fibonacci retracement gives the current pullback a clear technical structure.

Holding this area could keep $1.40, $1.70, and $2.00 relevant as the main upside targets, while a sustained move below $1.10 could weaken the setup and increase the possibility of a deeper correction.

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