SUI Price Prediction: Oversold Bounce Targets $1.50-$1.85 by February End - Blockchain.News

SUI Price Prediction: Oversold Bounce Targets $1.50-$1.85 by February End

Alvin Lang Feb 03, 2026 11:34

SUI trades at $1.14 with RSI at 26.54 signaling oversold conditions. Technical analysis suggests recovery to $1.50-$1.85 range as February progresses.

SUI Price Prediction: Oversold Bounce Targets $1.50-$1.85 by February End

Sui (SUI) is showing classic oversold signals at current levels, with technical indicators pointing to a potential recovery rally. Trading at $1.14 as of February 3, 2026, SUI has declined significantly from recent highs but may be setting up for a meaningful bounce.

SUI Price Prediction Summary

Short-term target (1 week): $1.19-$1.25 • Medium-term forecast (1 month): $1.50-$1.85 range
Bullish breakout level: $1.44 (SMA 20) • Critical support: $1.09

What Crypto Analysts Are Saying About Sui

Recent analyst predictions align with the technical oversold conditions currently visible in SUI's chart structure. Iris Coleman noted on January 30 that "Sui trades at $1.28 with oversold RSI at 28.69 signaling potential bounce. Technical analysis suggests $1.50-$1.85 recovery targets by February, with key resistance at $1.41."

Jessie A Ellis provided a similar Sui forecast on February 1, stating "SUI trades at $1.10 with oversold RSI at 21.83 signaling potential bounce. Technical analysis suggests $1.50-$1.85 recovery targets by February, with key support at $1.02."

Both analysts converge on the $1.50-$1.85 target range for February, which aligns with current technical resistance levels and moving average positions.

SUI Technical Analysis Breakdown

The technical picture for SUI reveals deeply oversold conditions across multiple timeframes. The RSI (14-period) sits at 26.54, well below the 30 threshold that typically signals oversold territory. This extreme reading often precedes relief rallies, particularly when combined with other supportive indicators.

SUI's position within the Bollinger Bands tells a compelling story. At 0.1288 on the %B indicator, SUI is trading very close to the lower band at $1.03, while the upper band sits at $1.86. This positioning suggests significant upside potential if momentum shifts positive.

The moving average structure shows SUI trading below all key levels, with the SMA 20 at $1.44 representing the first major hurdle. The SMA 7 at $1.22 provides a nearer-term resistance target, while the EMA 12 at $1.30 offers another technical checkpoint.

MACD momentum remains bearish with a histogram reading of 0.0000, but this flat reading could indicate consolidation before a directional move. The Stochastic oscillator shows %K at 19.78, confirming the oversold condition.

Sui Price Targets: Bull vs Bear Case

Bullish Scenario

If SUI can reclaim the $1.16 immediate resistance level, the path opens toward $1.22 (SMA 7) and potentially $1.30 (EMA 12). A sustained move above the $1.44 SMA 20 would signal a more significant trend reversal, targeting the analyst projections of $1.50-$1.85.

The key bullish catalyst would be RSI moving back above 30, combined with MACD showing positive divergence. Volume expansion above the current $45.4 million daily average would provide additional confirmation.

Bearish Scenario

Failure to hold the $1.11 immediate support could trigger further selling toward $1.09 strong support. A break below this level might target the Bollinger Band lower boundary at $1.03, where analyst Jessie A Ellis identified key support.

The primary risk factor remains the overall crypto market sentiment and any broader risk-off moves that could pressure altcoins like SUI regardless of individual technical setups.

Should You Buy SUI? Entry Strategy

Current levels around $1.14 present an attractive risk-reward setup for those believing in the oversold bounce thesis. Conservative buyers might wait for initial confirmation above $1.16 before entering, while more aggressive traders could accumulate in the $1.11-$1.14 range.

A logical stop-loss placement would be below $1.09, limiting downside to approximately 5-8% from current levels. This provides a favorable risk-reward ratio if targeting the $1.50+ levels suggested by recent analyst predictions.

Position sizing should account for SUI's daily ATR of $0.09, indicating moderate volatility that requires appropriate risk management.

Conclusion

This SUI price prediction suggests a recovery rally is building, with technical oversold conditions creating a foundation for upward movement. The convergence of analyst targets around $1.50-$1.85 and supportive technical indicators increases confidence in a February rebound scenario.

However, crypto price predictions carry inherent risks, and traders should always use proper position sizing and stop-loss orders. The oversold bounce thesis remains the primary bullish catalyst, but broader market conditions will ultimately determine whether SUI can achieve these ambitious targets.

Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Cryptocurrency investments carry significant risk, and past performance does not guarantee future results.

Image source: Shutterstock