Sui (SUI) Price Prediction: Can SUI Defend $1.10 Demand and Break Its Descending Triangle Toward $1.60–$1.70?

Sui (SUI) is drawing renewed attention as the price of Sui continues to compress near the $1.10–$1.20 range, an area that has consistently attracted buyers. Over the past month, the Sui price has printed a pattern of lower highs while holding steady demand, creating a tightening structure that traders often associate with potential breakout or breakdown scenarios rather than an established trend.

As of February 3, 2026, the Sui price today fluctuates around $1.12–$1.15, reflecting modest daily movement rather than a confirmed trend reversal. The recent stabilization follows a broader decline that left the Sui token nearly 30% lower over the past month.

Recent Sui crypto news includes a swing trade idea posted by trader @NotXevk, who cited a descending triangle on a Bybit perpetual swap chart and outlined a long entry near $1.1491 with a $1.6951 target and a weekly stop below $1.1343. While such setups can illustrate prevailing sentiment, they represent individual strategies rather than broader market consensus.

Breakout Setup Emerges on Short-Term Charts

Across the 4-hour and daily timeframes, SUI has printed progressively lower highs against stable support near $1.10. This compression pattern resembles a descending triangle, a formation that can precede sharp moves once supply or demand is exhausted.

SUI is positioned for a swing long near $1.1491, targeting $1.6951, with risk defined by a weekly close below the $1.1343 support level. Source: @NotXevk via X

The Relative Strength Index (RSI) recently rebounded from oversold levels below 30, a threshold that historically signals short-term exhaustion in selling pressure. That bounce helped lift SUI from around $1.06 to the mid-$1.10s. However, the token continues to trade below its 20-day and 200-day moving averages — a sign that longer-term trend strength has not yet returned.

From a technical reliability standpoint, descending triangles on mid-cap layer-1 tokens can produce false breakouts during low-liquidity periods. For that reason, many technicians look for sustained closes and rising volume above nearby resistance, rather than reacting to the first move.

Immediate resistance remains clustered between $1.22 and $1.25. A decisive break and hold above that range would signal stronger participation. On the downside, the $1.00–$1.03 band remains a clearly defined support zone where buyers have previously stepped in.

Traders Share Structured Entry and Risk Plans

Several trading plans circulating on social platforms emphasize structured risk parameters rather than aggressive leverage.

The UT Trading Academy contributor behind the $1.1491 entry described the approach as “risk-managed spot or low-leverage futures trades,” aiming to participate in upside while defining invalidation levels in advance.

Sui price is moving within a descending hourly channel near resistance, with RSI firming and repeated support at $1.20, pointing to a structured setup targeting $1.25–$1.33 with defined risk controls. Source: CryptoAnalystSignal on TradingView

Another strategy outlined staggered entries between $1.21 and $1.32 with incremental targets above $1.70, paired with a weekly stop below $1.20. The trader summarized the approach succinctly: “Money management.”

Importantly, these plans reflect individual risk tolerances. They should not be interpreted as institutional positioning or confirmed capital flows. For readers, such examples are best viewed as sentiment indicators rather than forecasts.

Market Context and Current Sui Price Today

From a fundamentals perspective, what Sui crypto is remains central to understanding its market behavior. Sui is a high-performance Sui blockchain designed for parallel transaction execution, a structure intended to increase throughput and reduce latency compared with earlier layer-1 architectures.

After a recent correction, bullish momentum appears to be returning, presenting a potential buying opportunity while emphasizing cautious risk management. Source: wolffxtrader on TradingView

The growing Sui ecosystem includes decentralized finance applications, gaming projects, and NFT infrastructure, positioning the network among newer competitors in the smart-contract space.

In terms of valuation, the Sui market cap places the project in the mid-tier layer-1 category, where liquidity and volatility are typically higher than large-cap assets. Comparisons such as Sui vs Solana often focus on scalability and developer adoption, two variables that historically influence sustained price performance more than short-term chart patterns.

For now, the Sui coin price reflects stabilization rather than renewed expansion, with price trading well below prior cycle highs.

Macro + Layer-1 Capital Rotation: How Broader Crypto Trends Are Influencing Sui

SUI’s recent movement aligns with a broader structural theme across the crypto market: capital rotation into alternative layer-1 networks.

When Ethereum transaction costs rise or network congestion increases, traders and developers often explore faster chains. This periodic shift can temporarily boost interest in smaller ecosystems, including Sui crypto.

However, such rotations tend to be liquidity-driven rather than purely fundamental. Smaller-cap tokens frequently experience sharper percentage swings in both directions. This helps explain why Sui crypto price prediction models often show elevated volatility compared with larger networks like Bitcoin or Ethereum.

Longer term, sustained growth depends less on short-term price patterns and more on measurable factors such as developer activity, application usage, and token supply mechanics — including scheduled Sui token unlock events that may affect circulating supply.

Outlook: Measured Optimism With Clear Levels

From a purely technical perspective, the current Sui price prediction framework centers on a few observable levels rather than broad forecasts.

Sui was trading at around $1.13, up 1.32% in the last 24 hours. Source: Brave New Coin

If buyers maintain support above $1.10 and reclaim the $1.22–$1.25 resistance zone with volume, the next area of interest appears near $1.60–$1.70, where prior supply emerged. This aligns with several trader targets but remains conditional on confirmation.

For short-term traders, these nearby thresholds serve as clear invalidation points. For longer-term holders, network adoption, ecosystem growth, and broader market liquidity likely matter more than week-to-week fluctuations in the Sui token price.

For now, SUI appears to be transitioning from decline to consolidation. Whether that base evolves into a sustained advance will depend on both technical follow-through and continued development within the Sui blockchain ecosystem, rather than on isolated price targets alone.