Sui (SUI) Price Prediction: Macro Downtrend Persists as Bulls Struggle to Reclaim $1.75

SUI is currently trading right around the $1.60 level and has managed to gather minor momentum on the lower timeframes. Despite this small, recent strength, a look at the big picture confirms the price is locked in a clear downtrend, having steadily dropped in value since its peak back in June. Given the widespread weakness across the entire crypto market, the overall long-term forecast for SUI remains distinctly bearish. However, short-term relief rallies are still possible in these environments and are never out of the picture entirely. We can anticipate a push toward resistance before the decline continues. With that in mind, let's now dive into the latest SUI charts to identify the critical levels for the immediate future.

Our SUI Price Prediction Summary

• The macro downtrend is still dominant, confirmed by SUI's structural loss of the $1.75 level, which now acts as confirmed major weekly resistance.
• SUI is expected to break down from its current $1.75 to $1.30 consolidation range, with the short-term momentum likely running out of strength.
• A decisive move below the $1.30 support will open the path to the next major downside target significantly lower, down at the $0.85 mark.

Analyzing the Charts

Short-Term Range and Critical Levels

Focusing now on the 4-hour timeframe, we can clearly see the price has been caught in a sideways consolidation pattern. This tight range has defined a key resistance ceiling at $1.75 and a solid support floor down at $1.30. The critical point right now is that the price is actively retesting the $1.75 resistance and appears to be facing a rejection on this shorter timeframe. If the buying pressure fails to push SUI definitively above the $1.75 level, the overall bearish structure will remain intact, guaranteeing a further move lower. Following a rejection, we should then expect the price to inevitably break down from the current consolidation zone, which will send the market seeking new support below the $1.30 level.

Daily Trend Confirmation and Key Support

Switching now to the 1-day timeframe, the strength of the structural downtrend is clearly visible. The price has printed a consistent series of lower highs ever since the top formed back in July. This bearish action mirrors the overall market sentiment, as major assets like Bitcoin and most altcoins are also struggling to find any meaningful momentum on these macro timeframes. SUI is currently retesting the $1.75 resistance on the daily chart. If the price fails to break above this resistance, it will predictably move to retest the $1.30 support and likely break through it this time. In that scenario, the next key technical support level we will be watching for SUI is significantly lower, down at the $0.85 mark.

Weekly Structure

Finally, shifting our focus to the 1-week timeframe, the significance of the $1.75 resistance becomes apparent. SUI has consistently failed to close a weekly candle above this barrier last month, fully validating its role as a major ceiling. Crucially, this level also marks a key historical support zone that SUI held throughout much of last year. This historical context strongly explains why the price is currently facing rejection, despite the minor short-term momentum. Therefore, a further correction is heavily indicated for SUI. It is precisely because of this strong weekly structure that our current SUI price prediction maintains a distinctly bearish bias.

Final Takeaway: What is Next for SUI?

Pulling the analysis together across all timeframes, the short-term momentum SUI has managed to hold at the $1.60 level remains trapped by the strong bearishness of the macro charts. The critical $1.75 resistance continues to be the decisive ceiling its rejection on the 4-hour chart, backed by its proven strength on the weekly timeframe, confirms the strong structural downtrend is still completely in charge.

Indicators across the board are flashing warnings that the minor relief rally is already running out of fuel. If this $1.75 resistance holds firm, as expected, we are looking at a likely breakdown below the $1.30 support. This will open the door for a continuation of the macro decline, putting the next significant support target firmly in sight at the $0.85 mark.