SUI prices flash bullish signals, but a hidden danger may trigger a new round of selling

The SUI price continues to attract attention, and two well-known analysts have reached completely different conclusions on the future direction of the token. One believes that SUI is quietly laying the foundation for a sharp rise. Another believes the data still points to a weak market that has not yet bottomed out.

These opposing views emerged when SUI was trading at close to $0.71. The token has been fluctuating within a relatively narrow range for several weeks, leaving investors guessing whether it will break through or fall again.

One analyst believes SUI is \"gathering\" upward momentum

Cryptocurrency analyst Crypto Patel remains strongly optimistic about SUI despite overall market weakness. Patel believes that SUI presents what he calls a \"clear fundraising model.\" His judgment was based on buyers repeatedly entering after prices fell, which he believed showed demand was growing over time.

@CryptoPatel / X

His outlook includes:

The funding range is between US$0.50 and US$0.70.
Long-term price targets are $5,$10, and eventually $20.
The downside space is limited and the upside potential is huge.
I believe that once the SUI breaks through, the rally may occur quickly.

Crypto Patel believes that sellers are gradually losing control as buyers continue to protect prices at low prices. His analysis focuses mainly on market structure and recurring buying activity rather than short-term price fluctuations.

Another analyst: Indicators on the chain are weak, so we should still be cautious

This optimistic view is only one side of the debate. Another analyst believes that the blockchain itself may be improving, but the token itself still faces several challenges before a sustained recovery begins.

Benji says weak chain indicators still support caution.

Market analyst Benji (named @benjamin_woods on X platform) recently explained why he no longer believes SUI shows a confirmation call.

Three days ago I pointed out that capital poured in before the SUI price increased. However, follow-up failed to follow up. Total locked positions (TVL) continued to decline and prices continued to fall. The recruitment signal was not confirmed. So let me take a step back and say the state of the market: this is a bear market, and SUI\'s trading performance is consistent with bear market characteristics... - Benji (@benjamin_woods) July 8, 2026

A few days ago, Benji noticed that capital seemed to have entered the ecosystem before prices responded. However, this idea did not materialize. Prices continue to fall, and another important indicator is also moving in the wrong direction.

Benji pointed out several concerns:

Total locked positions have fallen back to about US$427 million.
Daily Internet costs are still below $4000.
SUI prices continue to trade in a broader bear market.
Bitcoin has not yet established a clear market direction.

Benji acknowledged that the institutional infrastructure surrounding Sui continues to improve. Even so, he believes that in a bear market, stronger infrastructure alone will not automatically push up token prices.

He explained several conditions that would make him more optimistic:

TVL needs to establish a lasting bottom, rather than falling every few days.
The supply of stablecoins should continue to grow even if SUI prices remain flat.
Bitcoin should establish a clearer market direction before most altcoins recover.

His conclusion remains simple: blockchain continues to develop, but the market has not yet given the rewards it deserves for this progress.

SUI prices still show a neutral to bearish structure on the technical side

The current market data presents a picture that is somewhere between the views of the above two analysts.

SUI is currently trading close to US$0.71, down about 3.94% in the past 24 hours. The token has been almost flat in the past seven days, but still fell by about 7.58% in the past month. SUI also fell approximately 86.81% from its all-time high, indicating that the long-term recovery is not yet complete.

Looking at the SUI daily price chart reveals several important technical signals:

Prices are still below the 30-day moving average (approximately US$0.73).
SUI is also well below the 200-day moving average (approximately US$1.06).
The RSI is close to 45.55 and the kinetic energy is in the neutral region.
MACD is still below the zero-axis, but downward pressure has eased in the near future.
Daily prices remain below pivot levels (approximately US$0.73).

These indicators suggest that the market is still consolidating after a long decline, rather than the bullish reversal that is beginning to be confirmed.

SUI price forecasts depend on whether buyers can hold on to key support levels

Recent price movements show that SUI have been fluctuating within a fairly clear range, roughly between US$0.70 and US$0.80.

This creates several possible paths for the coming weeks.

Most likely scenario: SUI continues to trade between $0.60 and $0.81. Current momentum is not strongly biased towards buyers or sellers, so unless the broader cryptocurrency market becomes more volatile, sideways movements will remain a realistic outcome.

A more bullish scenario: SUI needs to regain the daily pivot level of around $0.73 and move back above the 7-day moving average and 30-day moving average. Stronger trading volume will strengthen this judgment. Such a trend could open the door for prices to enter the $0.80 to $0.95 range.

Bear scenario: If SUI loses support near $0.60, the bearish argument is more convincing. A large sell-off below this level could push the token back towards the support area as low as $0.50, especially if Bitcoin weakens further or risk appetite in the entire altcoin market fades.

Frequently Asked Questions

Why are Sui coins so popular?
SUI is a high-performance blockchain built for scalability and speed, developed by a team of former Meta engineers and raised $336 million. Like all cryptocurrencies, SUI experience significant price fluctuations. The blockchain also faces fierce competition from mature blockchains such as Ethereum and Solana.

Is SUI better than Solana?
Whether Sui is better than Solana depends on your specific needs: Solana provides unmatched mobility, ecological depth and proven reliability, while Sui has a more innovative, asset-centered architecture and greater long-term percentage growth potential.