- SUI holds near $1.20 after its September rally, with 1.23-1.25 marking the next resistance zone.
- Analysts remain divided on the breakout, with Michael van de Poppe saying SUI has returned to its range.
- RSI and MACD signal weaker momentum, while $1.10 remains key support before a potential move toward $1.00.
SUI is holding near $1.20 after a sharp September advance, while analysts differ on whether the move confirmed a breakout. CryptoBullet cited the strongest monthly close since December 2025 and highest monthly volume since November 2024. Michael van de Poppe said SUI remains inside its range during recent trading.
SUI Cools After Sharp September Advance
On the 4-hour chart, SUI trades at $1.1931 after gaining 0.36% on the latest candle. The candle opened at $1.1888, reached $1.1981, fell to $1.1817, then closed at $1.1931. The rally accelerated from 0.70-0.75 in mid-September.
Price then cleared $0.80, $0.90 and $1.00 before reaching 1.20-1.25 around September 27-28. Since that advance, SUI has moved sideways between $1.10 and $1.20. Therefore, $1.20 remains the immediate psychological resistance, while 1.23-1.25 forms the next barrier.
Analysts Point to Different Levels
CryptoBullet said the monthly close reached its highest level since December 2025. He also noted that monthly volume reached its highest level since November 2024. According to CryptoBullet, a dip toward 0.90-1.00 would be welcome, although he said it was not guaranteed.
He also stated that he expects a new all-time high. However, Michael van de Poppe said SUI has broken back into its range. He added that no clear breakout has occurred and called for more patience.
Investor Jordan also stressed patience and marked levels. He said he still expects $2 soon, while emphasizing that entries matter and chasing is unnecessary.
Momentum Remains Mixed Near $1.20
Volume rose sharply during the September 18-28 advance. Current volume stands near 7.48 million SUI, below some of the largest rally spikes. Meanwhile, RSI is at 50.07, while its average is 55.19. The MACD line is at 0.0096, below the 0.0126 signal line.
That produces a -0.0030 histogram, showing weaker short-term momentum. A break above $1.20 would expose 1.23-1.25, while $1.10 remains immediate support. A move below $1.10 could open a retracement toward $1.00.
