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SUI Price Prediction: Opportunities in Oversold, Can We Expect a 150% Rebound in the Coming Weeks?

According to the latest data from Gate on December 2, the current price of SUI is $1.35, with a slight rise of 1.8% in the last 24 hours, but a cumulative fall of 3.3% over the past 7 days.

The circulating market cap is approximately 5.05 billion USD, ranking 22nd in the global cryptocurrency market. This price level has already touched the 52-week low of the token, but at the same time, several technical indicators are flashing strong oversold rebound signals.

01 Market Status and Core Data

The current SUI market presents a contradictory yet opportunity-filled situation. Prices have fallen to a one-year low, but the fundamental structure of the market has not collapsed.

As of December 2, the circulating market cap of SUI is $5.05 billion, ranking 22nd among all crypto assets.

Although the price performance is weak, SUI's market position remains solid. This market capitalization indicates that investors have not made large-scale withdrawals, and the market still maintains considerable attention and liquidity.

Historically, the price fluctuations of SUI are not unfamiliar. Looking back to August 2025, the trading price of this token on Gate hovered between 3.73 and 3.97 dollars.

The current price level of $1.35 has indeed seen a significant correction compared to the historical high. This price change reflects the overall cyclical fluctuations of the crypto market and provides a comparative benchmark for analyzing its future trends.

02 Key Technical Indicator Signals

The current technical chart paints a clear picture of an oversold rebound for SUI. Multiple key indicators are signaling at the same time, which is often seen as a strong precursor to trend reversal in technical analysis.

The Relative Strength Index (RSI) reading is 27.93, which is a key signal.

In technical analysis, an RSI below 30 is considered to enter the oversold region, indicating that selling pressure may have been excessive and the probability of a price rebound is increasing. The current RSI level is the lowest since the recent decline began, suggesting that the downward momentum may soon be exhausted.

Another important indicator, MACD, is also giving positive signals. The MACD histogram has turned positive, reaching 0.0187, indicating that although the MACD line is still negative, the bearish momentum is weakening. This early bullish divergence often signals a trend reversal, especially when combined with oversold RSI conditions.

The structure of the moving average provides a clear technical roadmap for price rebounds. SUI first needs to reclaim the 7-day simple moving average (SMA), which is located around $1.47.

Next, it will challenge the 20-day SMA (approximately $1.55), with the final target being the key resistance level of the 50-day SMA at $2.03. Each level represents an increase of about 10% to 15%, forming a reasonable path for price recovery.

03 The Value Support of the Ecosystem

In addition to technical indicators, the fundamental factors of SUI are also worth paying attention to. As an emerging first-layer blockchain platform, the Sui ecosystem continues to demonstrate growth resilience in 2025.

Despite recent price fluctuations, the total locked value (TVL) of the Sui ecosystem reached a record of $228 million by the end of July 2025, indicating robust growth in the DeFi space.

The SUI smart contract platform, based on the Move language, continues to attract developer attention. Its stablecoin market value has previously surpassed the 100 million dollar mark, which not only enhances liquidity but also boosts user confidence in the ecosystem.

What is even more noteworthy is that SUI's infrastructure is accelerating integration with BTCFi (Bitcoin native DeFi) solutions, which opens up possibilities for cross-chain interoperability. Analyst Michaël van de Poppe points out that the connections between Bitcoin and other blockchains will be a major breakthrough area in the future, and SUI is playing an important role in this.

04 Multi-level Price Prediction Analysis

Based on the current technical and fundamental aspects, market analysts have made multi-level predictions for the future price of SUI.

The blockchain news platform's forecast released on December 2 indicates that SUI's short-term target (1 week) is between $1.75 and $1.85, which implies a rise of 30% to 38% from the current level.

The mid-term forecast is more optimistic, suggesting that within the next month, SUI may rise to a range of $2.50 to $3.40, with a potential increase of up to 87% to 154%.

Analysts who are bullish have proposed bolder targets. Well-known analyst Ali Martinez pointed out that SUI's daily chart has broken through a symmetrical triangle pattern, which usually indicates a strong one-sided trend.

If the buying pressure continues and market sentiment remains optimistic, the breakout pattern could push the price towards the $8 region. This aligns with predictions from analysts like Crypto King, who also believes that SUI has the potential to break its historical high and reach around $8.

05 Risk Assessment and Investment Strategy

For investors considering entering SUI at the current price level, balancing potential returns with risks is crucial. The current price level does indeed offer a favorable risk-reward ratio, but it also requires a clear strategic plan.

Conservative investors may wait for a price confirmation to break above $1.47 (7-day SMA) before establishing a position, with the first profit target set in the range of $1.75 to $1.85. While this approach may miss the initial stage of a rebound from oversold levels, it can significantly reduce risk.

Active investors can start to gradually build positions in the range of 1.30 to 1.35 dollars, while strictly setting a stop loss below 1.25 dollars.

Regardless of the strategy adopted, the position size should reflect the potential downside risk of 25% to 35% if key support fails. Investors need to closely monitor two critical levels: a breakthrough of the immediate resistance at $2.05 above to confirm the bullish trend; while below, it is necessary to hold the support at $1.30 to avoid a deeper fall.

Future Outlook

Currently, the RSI reading for SUI is only 27.93, deeply into the oversold area. The MACD histogram has turned positive, indicating that bearish momentum is waning. Analysts predict that if a rebound is established, SUI may challenge the technical target of $2.50 within a few weeks, potentially paving the way to reach the long-term target of $8 that was hotly discussed earlier this year.

The numbers on the Gate market page are constantly fluctuating, and the candlestick chart is repeatedly testing the oversold area. Some traders are quietly discussing “inducing a rise and shorting,” while others are looking for entry opportunities in the oversold signals.

SUI18.42%
BTC5.8%
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This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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