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Is SUI Ready For Its Next Major Move To $2?

Introduction

SUI has quietly positioned itself back into focus after weeks of consolidation and controlled price action. While much of the broader crypto market remains range-bound, SUI is showing early signs of structural recovery, prompting a key question among traders and investors alike:

Is it for a move toward the $2 mark?

Let’s break this down using price structure, support–resistance dynamics, momentum behavior, and broader narrative strength.

SUI chart.

SUI Price Structure: What the Chart Is Telling Us

From a technical standpoint, it is currently trading between two clearly defined higher-timeframe zones, which have historically acted as strong decision points.

Key Zones Identified

  • Major Demand Zone: $1.30 – $1.35
  • Major Supply / Resistance Zone: $1.72 – $1.80

Price recently rebounded aggressively from the lower demand area and is now pressing into the upper resistance band. This region is critical because it has previously acted as both support and resistance, making it a high-liquidity zone.

At present, it is testing acceptance above the mid-range, which suggests that sellers are weakening compared to earlier attempts.


Momentum & Market Behavior

The recent impulse move into resistance came with expanding volume, signaling genuine participation rather than a thin liquidity spike. However, this does not yet confirm a breakout.

Two scenarios now matter:

  • Acceptance above $1.80: Opens a clean path toward $2.00
  • Rejection from resistance: Likely leads to a healthy pullback toward $1.55–$1.60 before another attempt

Importantly, the structure has shifted from distribution to accumulation, which is often the first step before expansion.


Why $2 Matters So Much?

The $2 level is not just psychological — it represents:

  • A previous breakdown area
  • A liquidity magnet where prior buyers were trapped
  • A level that would confirm a higher high on the daily timeframe

A sustained move above $2 would place it firmly back into trend continuation territory, rather than just a relief bounce.


Technical Levels Snapshot

Zone TypePrice RangeMarket Implication
Major Resistance$1.72 – $1.80Break & hold needed for upside
Psychological Target$2.00Trend confirmation level
Mid-Support$1.55 – $1.60Healthy pullback area
Major Demand$1.30 – $1.35Structural invalidation below

Fundamental & Narrative Tailwinds

Beyond charts, SUI continues to benefit from being:

  • A high-performance Layer-1
  • Built for low latency and scalability
  • Increasingly relevant in gaming, DeFi, and consumer-focused applications

Narrative-driven rotations favor chains that can support real throughput, and it fits that profile well during periods when Ethereum strength spills into select altcoins.


What Could Invalidate the Bullish Case?

Despite the constructive setup, risks remain:

  • Failure to hold above $1.55 would weaken momentum
  • Broader market weakness (BTC or ETH breakdowns)
  • Liquidity sweeps below resistance before continuation

In other words, SUI must prove acceptance, not just touch resistance.


Final Outlook

SUI is not yet in full breakout mode — but it is clearly positioning for one.

If price can flip the $1.80 zone into support, a move toward $2.00 becomes highly probable, with continuation potential beyond that level in a favorable market environment.

Until then, this remains a watch-and-react zone, not a chase.


Frequently Asked Questions (FAQ)

What is SUI?

SUI is a Layer-1 blockchain designed for high throughput, low latency, and scalable smart contract execution, with a focus on user-friendly and consumer-grade applications.

Will SUI hit $2 in 2026?

A move to $2 is achievable if SUI breaks and holds above the $1.80 resistance zone while broader market conditions remain supportive. It is a technical target, not a guarantee.

What does SUI do differently from other Layer-1s?

SUI uses a unique object-centric model that allows parallel transaction execution, enabling faster processing and better scalability compared to traditional account-based chains.

Why is SUI falling or consolidating?

SUI’s recent weakness was part of broader market consolidation and post-rally digestion. Current price action suggests accumulation rather than structural breakdown.

Is SUI a short-term trade or long-term hold?

That depends on strategy. Short-term traders are watching the $1.80 breakout, while long-term participants focus on ecosystem growth and adoption.

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Ritesh Gupta
Ritesh Gupta is a Market Analyst on Cryptojist and Trader since 2021. Been through 2 crypto bear markets. Proficient in financial and strategic management.

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