The SUI price is holding a major support zone as traders watch technical levels, institutional adoption, and on-chain data for clues about the next move.The SUI price is holding a major support zone as traders watch technical levels, institutional adoption, and on-chain data for clues about the next move.

Sui Price Prediction: Institutional Demand Rises, Leading Analysts to Eye a Potential Rally

2026/06/18 18:51
6 min read
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Key highlights:

  • The SUI price is holding $0.70-$0.80 support, with $0.85-$0.92 as the next key target.
  • An 85% drawdown from the all-time high and a recovering market cap are keeping accumulation hopes alive.
  • Spot ETFs, CME futures, and $65B in gasless transfers support Sui adoption.

Sui has now hit a stage from which its future direction will depend on. Despite having been in the bearish phase for a couple of months, the SUI price seems to have found some support within a range of $0.70 to $0.80, a region where previous gains were made. This leaves the question of whether the token is setting itself up for further gains or a new fall.

 

Crypto analyst Crypto Patel believes this support area offers one of the most attractive setups in the market. The analyst sees the current range as a potential accumulation zone and argues that, if the broader crypto market stays healthy, SUI still has plenty of room to run.

SUI is holding one of its most important support levels

We had a look at the SUI chart shared by Patel, and the weekly structure still favors the bulls despite the deep correction from the 2025 highs. The key area remains the bullish order block between roughly $0.70 and $0.80. 

Another interesting detail is the repeated liquidity grabs on the chart. In previous cycles, SUI briefly traded below important support levels before reversing and producing strong rallies. The latest price action is following a similar pattern, keeping traders alert for another recovery.

If buyers continue defending this zone, the first target is the $0.92-$1.42 resistance area. Clearing that range could open the door to much bigger levels around $4.83 and $9.22. Crypto Patel even thinks that, in a complete market recovery, the SUI price could return to the $20 level.

A bearish pattern can only be considered valid if there is one thing for sure: the SUI price should remain above the long-term trendline. If there is a weekly close below $0.70, the bearish pattern becomes weaker, and the price might test support at $0.60 and $0.55.

The SUI short-term charts point to a recovery attempt

The shorter timeframes show buyers trying to regain control, even though some hurdles remain. We had a look at the native SUI charts, and the 4-hour timeframe still shows a descending structure. Even so, the price has started stabilizing near the upper edge of the major support zone between $0.65 and $0.70.

4-hour SUI chart analysis

4-hour SUI chart analysis

The first challenge is the 100-period SMA at $0.7694. Buyers need to reclaim that level to strengthen the short-term outlook. Momentum also leaves room for improvement. The 4-hour RSI is sitting near 40, which means price could spend more time testing support before a stronger move develops.

Daily SUI chart analysis

Daily SUI chart analysis

The daily chart tells a similar story. The SUI price continues to be trading below the SMA 100 period at $0.9398, while the RSI on the daily timeframe is currently around 37.4, meaning that momentum is close to becoming oversold. The support levels are seen in the range of $0.85 to $0.92, then followed by $1.00 and $1.22.

SUI’s on-chain data support the bullish case

On-chain data also helps explain why this area is attracting so much attention. During the latest recovery attempt, the market capitalization of SUI increased from around $2.93 billion to $3.23 billion before falling back down to about $3.09 billion.

Sui market cap chart

On the other hand, the SUI price moved up from around $0.73 to $0.80, after which it stabilized at about $0.77. More importantly, it is now trading close to 85% lower than the historical high price level of $5.35 made at the beginning of 2025, ranging from -85% to -86% drawdown.

In general, such drawdowns have been seen before as accumulation zones for investors. The combination of a stabilizing market cap and an extreme drawdown points to selling pressure easing as buyers gradually return.

Institutional adoption continues to grow

The fundamental story is also becoming stronger. The 21Shares Spot SUI ETF started trading on Nasdaq in February 2026, giving traditional investors regulated exposure to the asset. CME Group followed with SUI futures in May 2026, and Swiss bank AMINA added custody and trading services for institutional clients.

These products require physical SUI holdings, reducing the amount of tokens available on the open market. Some also include staking features that offer yields of around 7%, further limiting circulating supply.

Network activity is also expanding. Sui processed nearly $65 billion in gasless stablecoin transfers within a matter of days, showing growing adoption without requiring users to pay transaction fees directly.

Development is continuing as well, with the upcoming S2 roadmap introducing a unified developer platform, native privacy features, and DeepBook v3 upgrades aimed at strengthening decentralized finance infrastructure.

There are still risks to consider. Monthly token unlocks continue adding supply from early investors and team allocations, and the SUI price remains below key long-term moving averages that buyers need to reclaim before a broader trend reversal can be confirmed.

What could be next for the SUI price?

The SUI price is moving through a critical level of support on the chart, which means that any move from here will be very significant. If the price manages to stay above the $0.70 mark, the bulls still have the chance to push the price to $1.22 through $0.85-$0.92 levels of resistance.

Beyond the technical picture, spot ETFs, CME futures, institutional custody services, nearly $65 billion in gasless stablecoin transfers, and the upcoming S2 roadmap continue strengthening the Sui ecosystem.

Token unlocks and cautious market sentiment remain challenges, but the combination of an 85% drawdown, improving market capitalization, and strong technical support gives bulls a reason to stay optimistic. If buyers reclaim the key moving averages, the SUI price could begin a much larger recovery over the coming market cycle.

According to CoinCodex’s 1-month SUI price prediction, the price could move toward $0.5765, pointing to further downside from current levels as the token continues trading near a critical support zone over the coming weeks.

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