SUI has spent months moving in the wrong direction. Every attempt at recovery has been followed by fresh selling pressure, and the token now finds itself trading near levels few expected to s
SUI has spent months moving in the wrong direction. Every attempt at recovery has been followed by fresh selling pressure, and the token now finds itself trading near levels few expected to see again after its explosive run to a record high in early 2025.
That sharp decline has created a new debate around SUI price. One side sees a broken chart that continues to follow Bitcoin lower. The other sees a rare opportunity forming at a historical support zone that previously produced powerful rallies. The latest chart shared by Crypto Patel falls firmly into the second camp.
SUI price currently trades around $0.70. That marks a dramatic decline from its January 2025 all time high near $5.35.
The broader trend has remained bearish throughout most of 2025 and 2026. A combination of post-rally profit taking, token unlocks, and weaker market conditions pushed the asset into a prolonged correction.
Recent developments have not helped the situation. SUI experienced heavy volatility over the past month. A software issue linked to the network’s 1.72 update caused a temporary transaction halt in May 2026. CME Group’s launch of SUI futures created excitement, yet the news failed to generate a lasting breakout.
A look at the current chart shows SUI struggling below resistance between $0.79 and $0.83. Price continues testing support around the $0.70 area, which has now become one of the most important levels on the chart.
Crypto analyst Crypto Patel recently shared a chart that presents a much more optimistic outlook.
His main argument is that SUI may be experiencing what traders often call a liquidity grab. This occurs when price briefly breaks below a major support area, forcing weak hands out of positions before a larger recovery begins.
@CryptoPatel / X The chart points to an accumulation zone between $0.70 and $0.50. Patel believes this region could offer attractive risk to reward conditions if historical patterns repeat.
His chart also shows two previous occasions where SUI dipped into major support zones before producing powerful rallies. One move generated gains of more than 500%. Another rally delivered gains above 1,000%.
The latest setup appears similar in structure. Price has returned to a long term ascending support line and entered a green support area labeled as a strong support zone and bullish order block.
Related Article: Here’s Why the SUI Price Is Falling Despite Strong Activity on the Network
Patel’s chart projects three possible upside targets. The first target sits near $5, which would represent a return to the previous all time high area. The second target is $10, and the most aggressive target reaches $20.
A move from the current $0.70 level to $20 would represent roughly a 28x increase.
Despite the optimistic long term projection, short term price action still favors the bears.
SUI recently broke below a key support level around $0.82. Price also lost an important long term trendline that had acted as support for several months.
SUI Price Chart / TradingView.com That breakdown shifted market structure lower and increased downside risks. Bitcoin’s direction remains another important factor. Continued weakness in BTC could keep pressure on SUI and other altcoins.
Bullish conditions would begin to improve if SUI can reclaim the $0.82 area and close above it with strong buying activity. Such a move would place price back above the broken support zone and improve confidence in a recovery scenario.
Read Also: Here’s Exactly Why Zcash (ZEC) Price Crashed 40% Today
The next major milestone sits at $1. A sustained move above that level would strengthen the medium term outlook and increase the chances of a broader trend reversal.
Yes, SUI can theoretically reach $100, but it is considered highly unlikely in the near future without a massive change in tokenomics and an unprecedented multi-trillion dollar crypto market.
Can SUI reach 20$?Yes. Reaching $20 requires a 2,750% price surge, pushing SUI’s market cap toward $60 billion. This depends on explosive ecosystem adoption, massive network upgrades, and a major crypto bull market.
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The post SUI Price Crashes Into Historic Buy Zone: A Potential 10x Opportunity Is Emerging appeared first on CaptainAltcoin.
