The cryptocurrency Sui (SUI) continues to show lagging performance compared to the largest digital assets. While Bitcoin, Ether, Solana, and Cardano are showing signs of a corrective recovery, SUI remains under pressure and, according to analysts, may face another wave of decline.
This is not about a sharp collapse, but rather a gradual ‘squeezing’ of the price toward key support levels. Such a structure often forms during a prolonged correction phase, when the market is not ready for a reversal but active selling has already weakened.
Corrective Rebound Does Not Mean a Reversal
On higher timeframes, the SUI price is testing a descending trendline in the $1.35–1.40 area. This level serves as an intermediate support, but analysts note that it is too early to talk about a formed bottom.
The current growth looks more like a technical rebound than the start of a sustainable upward trend. In classic wave structure, such movement is often interpreted as a B-wave—a temporary recovery within a broader decline.
The key problem for buyers is that SUI is rebounding more weakly than the major altcoins. This indicates reduced capital interest and increases the risk of continued correction.
Downside Target: $0.9–1.1 Zone
The base scenario assumes that after limited growth, the price may turn downward again and test the support cluster in the $0.91 to $1.07 range. Analysts pay special attention to the area around $1.02, which coincides with the 61.8% Fibonacci retracement and is considered a technically significant zone.
It is in this range that a more stable foundation for future stabilization may form. However, until then, the market will likely maintain a cautious stance.
An additional risk is associated with Bitcoin’s dynamics. If the market flagship completes its own corrective growth before SUI can strengthen, the altcoin may continue to decline without a pronounced intermediate rally.
Short-Term Picture: Chance for a Rebound Remains
On lower timeframes, SUI is trying to stay above local support in the $1.38–1.42 zone. As long as this level remains intact, an attempt to grow toward $1.55–1.60 is possible. Stronger resistance is located higher—in the $1.66–1.74 range, where sellers were previously active.
Nevertheless, even in this scenario, analysts emphasize: this is a corrective move, not a trend reversal. Without a confident breakout of the descending trendline and consolidation above key levels, the structure remains vulnerable.
Why SUI Looks Weaker Than Other Altcoins
Unlike Bitcoin and Solana, where the decline has already formed a completed five-wave pattern, SUI’s dynamics still look unfinished. This creates uncertainty and leaves room for another low within the current cycle.
In addition, the overall background in the altcoin market remains restrained. Investors are still cautious, and capital is concentrated in more liquid and resilient assets, which puts additional pressure on second-tier projects.
What This Means for Investors and Traders
The current situation makes SUI a high-risk instrument. Short-term speculation on a rebound is possible, but requires strict risk control. For medium- and long-term strategies, the key remains price behavior in the $0.9–1.1 zone—this is where the question of forming a bottom may be decided.
For now, the market makes it clear that SUI’s weakness persists, and any local rallies should be considered corrective, not a signal for a sustainable reversal.
Read More: Long-Term Bitcoin Holders Are Selling Again: Pressure Mounts as Traditional Markets Rise
