SUI Price Outlook: Analysts Eye $1–$1.50 Dip Before Potential Rally to $10–$20

SUI could retrace to the $1–$1.50 support zone as 43.92 million tokens worth $105 million unlock on December 1.

The 0.5 and 0.618 Fibonacci retracement zones near $1.57 and $1.17 align with SUI’s strong accumulation base, suggesting firm support.

A confirmed breakout above the $3.50–$5.00 resistance may trigger a new bullish phase toward $10 and possibly $20 targets.

As of writing it appears SUI, the cryptocurrency, is priced in the area of $2.38 currently with many analysts believing that a corrective move will take place into the $1-$1.50 range prior to an eventual long-term rally. The market commentators mention that upcoming supply unlocks and key areas technically could provide short term pressure at key zones or levels, but also represents a strategic accumulation opportunity.

Liquidity Sweep Expected as December Token Unlock Approaches

Crypto analyst Crypto Patel shared on X (formerly Twitter) that approximately 43.92 million SUI tokens, valued at around $105 million, are set to unlock on December 1. Such unlocks often introduce temporary selling pressure as early investors take profits. Patel noted that this event could result in a brief liquidity sweep, pushing prices toward the $1–$1.50 zone before a potential recovery.\

The SUI/USDT long-term chart indicates strong confluence support near these levels, aligning with 0.5 ($1.57) and 0.618 ($1.17) Fibonacci retracement areas. These zones also coincide with the asset’s previous accumulation base, which may act as a solid foundation for renewed buying interest.

Historically, such corrective moves have provided deep-value entry points ahead of extended bullish phases. Analysts observing SUI’s market structure suggest that this region could attract long-term investors anticipating a major price expansion.

Patel emphasized that if SUI sustains above its structural base after the anticipated correction, it could reestablish bullish momentum leading into the next market cycle.

Technical Structure Signals Potential Expansion Toward $10–$20

Technically, SUI will find its next barrier between $3.50 to $5.00, a key confirmation area for the next leg-up. A breakout above this range would suggest the potential first leg-up for another expansion phase upwards, eyeing the $10 psychological level and potentially towards $20 as the trend model suggests.

This suggests a target range of a 400–800% upside if the market conditions allow it and the bullish structure can remain intact.The chart formation continues to present a higher-timeframe narrative consistent with past accumulation-to-expansion cycles observed across major digital assets.

Crypto Patel’s analysis positions the $1–$1.50 range as a “hard dip” buying zone for those tracking SUI’s broader trajectory. Maintaining that base would likely preserve its long-term structure and open a pathway for sustained recovery.

SUI’s upcoming token unlock and chart positioning could define the next major move in its price cycle.

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