Rongchai Wang
Feb 28, 2026 08:20
Sui trades at $0.84 after 11.70% decline, but oversold RSI at 35.06 and strong support at $0.80 suggest potential bounce to $1.05-$1.15 resistance levels in coming weeks.
SUI Price Prediction Summary
• Short-term target (1 week): $0.92
• Medium-term forecast (1 month): $1.05-$1.15 range
• Bullish breakout level: $1.00
• Critical support: $0.80
What Crypto Analysts Are Saying About Sui
While specific analyst predictions from major KOLs are limited for the current period, recent technical analysis from market observers provides insight into SUI’s potential trajectory.
According to Felix Pinkston’s February 27 analysis, “SUI trades at $0.94 with neutral RSI signaling potential recovery. Technical analysis suggests $1.05-$1.15 targets if key $0.97 resistance breaks by March 2026.”
Iris Coleman noted on February 26 that “SUI shows oversold recovery potential with RSI at 42.72 and strong support at $0.88. Technical indicators suggest $1.20 target possible if bulls defend key levels in coming weeks.”
On-chain data from platforms like CryptoQuant and Glassnode suggests that despite the recent sell-off, underlying network fundamentals remain stable, supporting potential price recovery scenarios.
SUI Technical Analysis Breakdown
SUI’s current technical picture presents a mixed but potentially bullish setup. Trading at $0.84 after an 11.70% daily decline, Sui has found itself in oversold territory with several key indicators pointing toward potential reversal.
The RSI reading of 35.06 sits in neutral-to-oversold territory, historically a zone where SUI has found buying interest. The MACD histogram at -0.0000 indicates bearish momentum is weakening, though not yet reversed.
Bollinger Bands analysis shows SUI trading near the lower band at $0.85, with a %B position of -0.02. This extreme positioning often precedes mean reversion moves back toward the middle band at $0.94.
Moving averages present a bearish structure with price below all major EMAs and SMAs. The 7-day SMA at $0.90 serves as immediate resistance, followed by the 20-day SMA at $0.94. However, the gap between current price and the 50-day SMA at $1.23 suggests significant upside potential if bulls regain control.
Key support levels cluster around $0.80 (immediate support) and $0.76 (strong support), while resistance emerges at $0.92 (immediate) and $1.00 (strong resistance).
Sui Price Targets: Bull vs Bear Case
Bullish Scenario
In a bullish scenario, SUI price prediction targets the $1.05-$1.15 range within the next 4-6 weeks. This Sui forecast depends on several technical confirmations:
First, SUI must defend the $0.80 support level and close above $0.92 to signal immediate bullish momentum. A break above the psychological $1.00 resistance would open the path to $1.05, where the 7-day and 20-day moving averages converge.
The ultimate bullish target sits at $1.15-$1.20, representing a 37-43% gain from current levels. This zone aligns with previous support-turned-resistance and would require sustained buying pressure with RSI moving above 50.
Volume confirmation above 60 million daily would strengthen the bullish case, indicating institutional interest returning to SUI.
Bearish Scenario
The bearish scenario for this SUI price prediction involves a break below $0.80 support, potentially targeting the $0.76 strong support level. Failure to hold this zone could trigger additional selling toward $0.70, representing the next significant technical floor.
Risk factors include broader crypto market weakness, regulatory concerns affecting Layer 1 protocols, or network-specific issues. The wide gap between current price and major moving averages suggests any sustained selling could accelerate quickly.
A break below $0.76 with high volume would invalidate near-term bullish scenarios and potentially target $0.65-$0.70 in an extended correction.
Should You Buy SUI? Entry Strategy
Based on current technical levels, a staged entry approach appears optimal for SUI investment. Conservative buyers should wait for a clear close above $0.92 before initiating positions, targeting the $1.05-$1.15 resistance zone.
Aggressive traders might consider accumulating near current levels around $0.84-$0.86, with stop-losses placed below $0.78 to limit downside risk. This approach offers a favorable 3:1 risk-reward ratio targeting $1.05.
Dollar-cost averaging between $0.80-$0.90 provides exposure while managing volatility risk. This strategy allows investors to capitalize on any further weakness while positioning for the anticipated recovery.
Risk management remains crucial given SUI’s 24-hour volatility of $0.07 ATR. Position sizing should reflect this volatility, with stops placed strategically below key support levels.
Conclusion
This SUI price prediction suggests cautious optimism for the coming weeks. While the 11.70% daily decline appears severe, oversold technical conditions and strong support levels around $0.80 provide a foundation for recovery.
The medium-term Sui forecast targeting $1.05-$1.15 represents realistic upside based on technical resistance levels and historical price action. However, this scenario requires SUI to successfully defend current support and demonstrate renewed buying interest above $0.92.
Investors should remember that cryptocurrency price predictions carry inherent risks, and past performance doesn’t guarantee future results. Always conduct your own research and consider your risk tolerance before making investment decisions.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Cryptocurrency investments carry significant risk, and prices can be highly volatile.
Image source: Shutterstock