SUI Technical Analysis Feb 18

SUI has closely approached the critical $0.9515 support zone at the $0.96 level, and holding here will test the buyers’ strength. While the downtrend dominates, the $0.9983 resistance could increase selling pressure in the near term, with liquidity hunt scenarios drawing attention.

Current Price Position and Critical Levels

SUI is trading at the $0.96 level with a 1.83% decline over the last 24 hours and is exhibiting a weak structure within the overall downtrend. The price remains below EMA20 ($1.06), issuing short-term bearish signals; although RSI at 36.26 is approaching the oversold region, momentum has not yet reversed. A total of 9 strong levels have been identified across 1D, 3D, and 1W timeframes: 2 supports/2 resistances on 1D, 1 resistance on 3D, and confluence of 2 supports/4 resistances on 1W. This confluence strengthens the levels; for example, $0.9515 stands out as an order block and liquidity pool across multiple timeframes. Volume is at a moderate $249.51M, but spikes are expected during support tests. Supertrend is bearish and pointing to $1.23 resistance, downside target $0.4023 (score 22/100), upside $1.4529 (score 13/100) – R/R ratio around 1:2.5 in favor of downside.

Support Levels: Buyer Zones

Primary Support

$0.9515 (score: 82/100), SUI’s most critical primary support level and just below the current price (0.9% away from $0.96). This level has formed as a strong demand zone and order block on the 1D timeframe; tested twice in the last 7 days, with volume spikes and rejection observed both times – buyers entered aggressively here. Multi-timeframe confluence is excellent: it aligns with the previous swing low on 1W and captures the Fibonacci 0.618 retracement on 3D. Historically, similar levels have seen +15% bounces (e.g., January 2026 test). If this zone breaks, a liquidity grab (stop hunt) could trigger, leading to a rapid drop; invalidation below $0.9480.

Secondary Support and Stop Levels

$0.7881 (score: 64/100), the secondary buyer zone that activates if primary support breaks – 18% below price, acting as a buffer before the major downside target. This level is a breaker block creating strong supply/demand imbalance on the 1W timeframe; tested three times in November 2025, holding each time with high volume (average 300M+). Confluence with EMA50 ($0.82), potential RSI divergence. Monitor below $0.7850 as a stop level; if broken, freefall toward $0.4023 begins (1W trend break). Ideal entry zone for buyers, but BTC correlation makes it risky.

Resistance Levels: Seller Zones

Near-Term Resistances

$0.9983 (score: 69/100), the nearest resistance just above the current price (4% above $0.96) and the upper band of the last 24-hour range ($0.99). This level forms a premium liquidity zone (high stop clustering) on 1D; rejected twice yesterday, with sellers aggressively opening shorts (bearish volume divergence). Strengthens with approach to 1D EMA20 ($1.06), +2% volume increase required for breakout. Breakout creates supply imbalance, high fakeout risk – 70% failure rate in historical tests.

Main Resistance and Targets

$1.0508 (score: 61/100), the main resistance and first upside target – 9.5% above price, pivot before Supertrend resistance. Strong 3D and 1W confluence: resistance cluster with equal highs on 1W, capturing Fibonacci 0.382 extension. Reversal from here in January 2026 rally, leaving seller imbalance (low volume top). Upper target $1.23 (Supertrend), then $1.4529; rejection likely in bearish trend. Invalidation with sustained hold above $1.06 EMA20 for bullish flip.

Liquidity Map and Big Players

SUI’s liquidity map points to stop clustering below $0.9515 – big players (whales) could hunt long stops here to create a short squeeze. High short stop liquidity above $0.9983, ideal for breakout fakeouts. Order flow analysis: accumulation signals (buyer blocks) in $0.95-$0.96 range on 1D, but distribution phase dominant above $1.05. Big players likely holding long bias at $0.7881 support, short at $1.23 resistance. Volume profile POC (Point of Control) around $0.97, neutral zone. Expect liquidity sweeps in downtrend: dip below $0.9515 followed by quick recovery as classic scenario.

Bitcoin Correlation

BTC at $67,545 with 0.73% decline in downtrend and Supertrend bearish – high risk for altcoins like SUI. If BTC breaks $66,713 support (near-critical), SUI cascades toward $0.7881; drop to $62,910 accelerates $0.4023 downside. Conversely, BTC breaking $70,069 resistance activates SUI $1.05 target. Dominance rise crushes alts, watch BTC supports: $66k hold could allow SUI to hold $0.9515. Correlation coefficient 0.85+, BTC leading.

Trading Plan and Level-Based Strategy

Level-based outlook: Hold above $0.9515 prepares for $0.9983 test – potential move to $1.0508 from there (R/R 1:3). On break, short bias to $0.7881, $0.4023 target. Risk management: 1-2% stops, position sizing based on timeframe confluence. For spot trading, follow SUI Spot Analysis; for leveraged, SUI Futures Analysis. This outlook is structure-based, not investment advice – high volatility, BTC dominance critical.