Foreign media analysis suggests that after a prolonged period of decline, the price structure of SUI has recently begun to narrow, and the selling pressure has slowed down compared to before. The token is currently fluctuating around $0.82, and the market's focus has once again shifted to whether it will be able to effectively break through the $1.10 level.
Price structure narrows
The article points out that SUI has been in a downward trend for most of 2026, with successive highs moving lower over time, but there have been multiple supports near the underlying trend line. The recent rebound has brought the price back above $0.80, indicating some recovery in buying interest, although it still has not yet broken away from the main pressure zone as a whole.
From the perspective of the weekly chart structure, the current trend is more closely approaching a convergent state. This usually indicates that the selling pressure from earlier periods is weakening, but whether this can evolve into a more definitive reversal still depends on whether there can be a breakthrough above the resistance levels in the future.
$1.10 becomes the key observation level
The report suggests that $1.10 is currently the most important resistance level. This area not only serves as a horizontal pressure zone but also coincides with a larger downward trend line. SUI There was a brief break above this range during the year, but subsequent momentum weakened, and the price failed to sustain its upward movement.
Therefore, a single touch is not sufficient to confirm a change in trend. Only if the weekly chart can close steadily above $1.10, accompanied by stronger buying interest, will the market likely regard it as a more definitive sign of recovery.
- Key resistance: $1.10
- First upper target: $1.50
- Secondary target price: $1.86
The support below still needs to be maintained.
In addition to the upper target, the article also mentions the importance of the support area below. The current nearby support level is between $0.74 and $0.75. If the price falls but still holds this range, the existing corrective structure can be maintained.
If it falls below this range, the trend may weaken again and further test deeper support around $0.56. In other words, although there are initial signs of stabilization for SUI, whether the long-term downward trend has truly ended will still depend on the outcome of the struggle between the $1.10 resistance level and the $0.74 support level.
