- Sui is holding key support at $2.28, a level that could dictate its next big move.
- A $103M token unlock on Nov 1 could spark short-term volatility.
- Analysts still eye $4 by 2025 and possibly $10+ by 2026 if support holds strong.
As volatility sweeps across the crypto space, Sui is quietly standing at one of its most important levels yet — the $2.28 support zone. It’s the kind of price point that could shape where the project heads next. Analysts say if Sui holds this area, it could set the stage for a larger move — maybe even a recovery stretch toward $10 or more by 2026. But if it breaks down… well, things could get rough before they get better.
The sentiment within the Sui community feels oddly mixed. On one hand, short-term weakness is everywhere, matching the broader market’s slump. On the other, believers keep doubling down, pointing to the network’s fast-growing ecosystem, strong fundamentals, and a “sweet spot” accumulation range that might just be the setup for the next breakout. With a major token unlock right around the corner and developer traction still climbing, the next few weeks look critical for defining Sui’s direction.
Support Holds — But for How Long?
As of late October, Sui trades near $2.31 — down about 7% in a day and 15% for the week. That’s not great, but what’s interesting is how stubbornly it’s clinging to $2.28. Traders see that level as a kind of make-or-break line. If buyers can keep price above it, we might see a short-term bounce toward $3.00. If not, well, the next support sits way lower, and sentiment could take another hit.
Analysts like CryptoPatel argue that the $2–$1.60 zone might actually be the perfect range for long-term accumulation, especially if we’re entering the quiet build-up phase before a bigger rally. Still, in a market that turns on a dime, every day Sui stays above support feels like both a small win and a ticking clock.
The Big Token Unlock — Calm or Chaos?
On November 1, roughly $103 million worth of SUI tokens will be unlocked. Historically, that kind of event brings volatility — lots of fresh supply hitting the market, which can push prices down unless there’s enough demand to absorb it. Traders are split: some think the unlock will be a blip, while others warn it could trigger a deeper drop before any rebound happens.
One thing’s certain — how the market reacts to this unlock will say a lot about Sui’s real strength. If the $2.28 zone survives this flood, it might confirm the market’s confidence in the project. But if it breaks? We could be looking at a new range forming closer to $1.80 or even below.
Technicals Hint at a Bigger Picture
Looking at the charts, the bullish camp still has something to hold onto. Analyst CryptoPatel points to a long-term pattern that echoes early accumulation phases — a setup that could send Sui toward $10+ by 2026 if the right catalysts align. Another analyst, @x0mario, predicts a shorter-term rise to $4 by the end of 2025, assuming Sui regains traction after this dip. Both note the same things: strong tech, expanding developer activity, and a generally improving crypto backdrop.
On the downside, the 200-week moving average is still sloping down — not great — but RSI is nearing oversold territory at around 35. That could mean sellers are running out of steam, which often sets the stage for at least a temporary bounce.
Long-Term Outlook: High Hopes, Real Risks
Some long-term forecasts see Sui averaging around $7–$9 by 2026, with optimistic peaks near $10.83. Fundamentals remain solid — rising total value locked (TVL), steady ecosystem growth, and increasing developer engagement. But external risks — things like macro pressure, regulation, and global liquidity shifts — can change that picture fast.
For now, investors are watching one thing: whether Sui can defend its $2.28 floor. Hold it, and the odds tilt toward recovery. Lose it, and sentiment could unwind quickly. Either way, this level might end up defining how the next year plays out for one of the market’s most promising Layer 1 contenders.
