TLDR:
- SUI trades at $0.917, down 0.65% in 24 hours as the broader crypto market gains 1.16%, per CoinMarketCap.
- Andreou maps $0.8477 as first support, with $0.6508 offering a deeper base if the higher level fails next
- A confirmed trendline breakout brings $1.3331 into focus; reclaiming it could open a route toward $2.0210
- More Crypto Online marks $0.866 as ideal wave (4) support, adding a Fibonacci level above Andreou’s base.
SUI traded at $0.917, down 0.65% over 24 hours, while the broader crypto market gained 1.16%, according to CoinMarketCap.
Analyst Giannis Andreou identified $0.8477 and $0.6508 as potential support levels for two recovery scenarios. His higher-support scenario brings $1.3331 into focus after a confirmed breakout above descending resistance.Â
A successful resistance-to-support conversion could then create a route toward $2.0210. Separately, More Crypto Online identified $0.866 as the lowest ideal support for wave (4) in its Elliott Wave analysis.
SUI Price Faces Two Different Recovery Routes
Andreou’s daily chart places the descending trendline between current support and a possible recovery toward higher resistance levels. Holding $0.8477 would preserve the first scenario, but buyers would still need to break that trendline.
A rebound alone would therefore leave the larger technical hurdle unresolved. His setup requires confirmation before $1.3331 becomes the next focus.
That level also carries a second condition: buyers would need to establish it as support after reclaiming it. Only then does Andreou’s outlined route extend toward $2.0210.
If $0.8477 fails, his alternative scenario looks for a deeper base around $0.6508. That path requires more rebuilding before the chart can support the same recovery discussion.
Buyers would first need to reclaim $0.8477, then clear descending resistance and work back toward $1.3331. Andreou’s alternative also includes another pullback along that route.
$SUI: WHICH SUPPORT GETS TO WRITE THE COMEBACK?
SUI’s daily chart maps two possible recovery routes around $0.8477 and $0.6508.
If $0.8477 holds, a rebound could test the descending trendline, with a confirmed breakout bringing $1.3331 into focus.
Turning that resistance… pic.twitter.com/QityjdFF5J
— Giannis Andreou (@gandreou007) October 25, 2026
These scenarios describe conditional recovery paths, rather than confirmed reversals or guaranteed price targets. The difference rests on where buyers establish support and whether subsequent rebounds overcome resistance.
The supplied technical overview places SUI below major exponential moving averages, indicating continued bearish pressure. Those averages track price trends while giving greater weight to recent trading.
SUI Price Support Draws Fibonacci Attention
More Crypto Online’s $0.866 level adds another reference point just above Andreou’s $0.8477 support. The analyst identifies it as the 61.8% Fibonacci retracement and an ideal low within wave (4).
Fibonacci retracements mark potential reaction levels within an earlier price move. Elliott Wave analysis organizes market swings into proposed sequences, making the wave interpretation dependent on subsequent price action.
The analyst’s longer-term chart projects wave-five targets above $7. That projection remains separate from Andreou’s nearer recovery levels and does not establish an immediate price objective.
CoinMarketCap’s shorter-term outlook places the first test at $0.90. Holding that support could allow a $0.95 retest, while losing it risks a move toward $0.85.
Its commentary attributes the modest decline to profit-taking, consolidation and limited immediate buying catalysts. It also cites thin weekend liquidity as a factor that could amplify minor selling.
CoinMarketCap names the Samsung Wallet and Hashi mainnet rollouts as developments to watch. However, the supplied material provides no confirmed dates or measurable price effects.
SUI’s recovery case therefore depends on holding support and clearing descending resistance. A loss of $0.8477 would shift attention toward Andreou’s deeper $0.6508 base scenario.
The post SUI Price Eyes $1.33 Recovery, but These Support Levels Must Hold appeared first on Blockonomi.
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This articles is written by : Nermeen Nabil Khear Abdelmalak
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