SUI has slipped below both of its major moving averages after October selling erased much of its September recovery, and analysts tracking the token are outlining sharply different scenarios for its next move. Michael van de Poppe sees a possible advance toward $1 if SUI reclaims a former support level that has since flipped into resistance, while Giannis Andreou has mapped a longer-term route toward $7 that depends on a series of major breakouts. The split is largely one of timeframe: van de Poppe's setup hinges on a single reclaim near current prices, while Andreou's requires a ladder of breakouts well above the token's present range.

Van de Poppe Watches a Reclaim Toward $1

Van de Poppe said SUI has reached the August or September low sweep — a move that pushes through prior lows — that played out across several altcoins during the broader market correction. In his view, the token could move quickly once it climbs back above recent support, which has now become resistance. That kind of support-resistance flip is one of the most closely watched patterns in technical analysis, since a level where buyers previously stepped in becomes the first obstacle any recovery has to clear. Based on that setup, he said he would not be surprised to see SUI reach $1.

Andreou Maps the Levels Needed for $7

Andreou places SUI's current weekly demand zone between $0.80 and $0.95, roughly 80% below the token's $4.48 rebound high. Demand zones of this kind mark ranges where buying pressure previously overcame selling and drove price higher, which is why analysts watch how price behaves on a return to them. In his roadmap, buyers must first reclaim the $1.20–$1.50 range, followed by supply between $1.80 and $2.30. Further resistance sits at $3.80–$4.50 and $5.00–$5.40.

A sustained breakout above the visible $5.37 peak would strengthen the possibility of moves toward $6.72 and potentially $7. Andreou noted that each step requires confirmed breakouts and successful retests. If the demand zone fails, he identified $0.55–$0.70 as the next major base, adding that a break below $0.55 would weaken the recovery scenario.

Chart Shows October Weakness

The November 2 chart shows SUI near $0.892 after retreating from September highs approaching $1.27. The token rallied above $1.20 in late September, but selling pressure persisted through October.

SUI now trades below its 50-day moving average near $0.91 and its 200-day average around $1.03 — two of the most widely followed trend indicators, commonly used to read short- and longer-term trend conditions. Volume — the amount of trading activity over a given period that traders use to gauge participation behind price moves — exceeded $2 billion during September's rally, but the latest reading has fallen to approximately $252.44 million.

The chart places immediate support at $0.83–$0.85, with resistance at $0.90–$0.91. A move above $1.03 could open the path toward $1.15 and $1.25, while a break below $0.83 could expose $0.735 and $0.65. Notably, those mapped zones overlap the moving averages themselves: the $0.90–$0.91 resistance band sits right around the 50-day average, while the $1.03 threshold lines up with the 200-day average.