Sui has climbed from recent lows near $0.96, currently trading between $1.15 and $1.19 as of September 30, 2026. Despite the recovery, Sui remains well below its all-time high of $5.35 set in January 2025. Market participants are assessing whether the recent upward move can extend toward the next resistance range.
SUI price approaches key resistance zone
Market researcher @Morecryptoonl noted that Sui likely embarked on the anticipated Wave B bounce, referencing an advance from $1.15 to $1.19 on the 1-hour chart. This price action has put Sui within a significant resistance area marked between $1.17 and $1.27.
The analysis draws on Elliott Wave patterns and Fibonacci retracement levels to map out the corrective structure underway. The forecast, anchored on Coinbase SUI/USD data, will depend on the token’s response near these resistance levels.
A 4-hour examination pinpoints $1.04–$1.09 as the first important support, with further backing observed between $0.91 and $0.95. Analysts outlined the possibility of a brief pullback toward these supports before any attempt to reach the $1.35 target.
Analysts stopped short of providing firm price targets, instead using these zones to interpret current market action. A decisive break above $1.27 would signal a stronger short-term bullish outlook, while a dip under $1.04 may lead to further focus on the lower support.
Sui has likely entered a Wave B bounce, with the 1-hour chart showing price rising from around $1.15 to $1.19. The corrective structure’s confirmation will depend on how Sui responds near the $1.17–$1.27 resistance range.
Technical indicators remain mixed
Data from TradingView placed SUI/USDT near $1.1507. Here, the technical summary maintained a Buy rating, with moving averages in strong support while oscillators were mostly Neutral.
The Relative Strength Index registered at 65.88, some distance from overbought levels. Stochastic %K was higher at 77.41, while the Average Directional Index at 41.22 flagged a sturdy trend, but not its bias.
Shorter moving averages reinforced the prevailing structure: the 10-day EMA hovered around $1.10, and the 20-day EMA was roughly $1.00. Notably, longer averages such as the 200-day EMA remain below the market at $0.96, highlighting the relative strength of the recent rally.
However, the Hull Moving Average showed a sell signal at about $1.21, hinting at nearby resistance as the price approaches this level.
Major SUI support and resistance levels
Pivot-level calculations identified R2 near $1.09 and R3 at $1.41 on the Classic scale, while Woodie’s pivot placed R3 close to $1.20. The $1.09–$1.11 region now acts as a potential support if Sui maintains its range above this zone.
Any upward move into the $1.20–$1.27 bracket would again test resistance outlined in the Elliott Wave analysis. Should Sui falter, $0.97–$1.00 represents the next cluster of technical indicators, aligning with the 20-day EMA, VWMA, and Ichimoku Base Line observed on TradingView.
A failure to hold this zone may expose the token to the $0.91–$0.95 support area identified by analysts as a buffer against further losses.
The price is holding two key support zones after last week’s strong gains: $1.04–$1.09 and $0.91–$0.95. A pullback into the first zone could precede a rally toward $1.35, providing crucial guidance for short-term traders.
Market activity and trend monitoring grow in importance
With Sui’s price positioned above significant moving averages and technical resistance forming around $1.20–$1.27, analysts emphasize tracking both price action and trading volumes. The current bullish structure will need affirmation through a sustained push beyond these resistance levels or, conversely, defending key supports in case of pullbacks.
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For short-term forecasts, attention remains fixed on the $1.17–$1.27 resistance area. If Sui breaks above, the $1.35 mark becomes the next target for technical analysts. On the downside, the $1.04–$1.09 and $0.91–$0.95 zones are seen as essential to maintaining the current market structure.
