SUI Eyes 20% Upside as Bulls Gain Momentum: Can Price Reach $0.83?

$SUI price is showing signs of recovery after facing sustained selling pressure over the past several weeks, with the token currently trading around $0.69. The recent improvement in price action has brought key resistance levels back into focus as bulls attempt to regain control and reverse the broader downtrend.

The immediate challenge for $SUI lies around the $0.72–$0.75 resistance zone, where the descending trendline could limit further upside. A decisive breakout above this area could strengthen the recovery and open the path toward $0.83, representing roughly 20% upside from current levels.

Sui Remains Stuck Within a Descending Trend

$SUI has been trading within a broader descending structure after falling from the May high near $1.41. The token recently found support around $0.65 and has since attempted to recover, with the price currently near $0.69. The immediate technical hurdle is the $0.72–$0.75 zone, where the descending trendline is currently acting as resistance.

A sustained breakout above this area would be an important sign that selling pressure is easing and that bulls are gaining control. Until then, the recent recovery can still be viewed as a bounce within the broader downtrend.

The RSI is around 44, keeping it below the 50 level that would indicate stronger bullish momentum. Meanwhile, the CMF is around -0.09, suggesting that money flow remains weak. These readings indicate that $SUI has not yet received strong technical confirmation for a trend reversal.

If buyers manage to break the descending trendline with stronger volume, the $0.83 Fibonacci resistance becomes the next major level to watch. From the current price, that would represent approximately 20% upside. However, failure to clear the $0.72–$0.75 zone could keep $SUI under pressure and bring the $0.65 support back into focus.

The Bottom Line: Can $SUI Price Reach $0.85?

The very first resistance, which is to be cleared, is between $0.72 and $0.75, establishing it as a strong support range. A decisive breakout could push $SUI price toward $0.83 and potentially extend the rally to $0.85, representing roughly 23% upside from current levels. However, with RSI still below 50 and CMF in negative territory, the bullish reversal is not yet confirmed. For now, $0.75 is the key level to watch, as a breakout could strengthen the recovery, while another rejection would keep $SUI’s broader bearish structure intact.