SUI Price Rally Builds Quietly as Social Sentiment Remains Muted

Source: CryptoNewsNet Original Title: SUI Price Rally Builds Quietly as Social Sentiment Remains Muted  Original Link: https://cryptonews.net/news/analytics/32237006/ SUI, the native cryptocurrency of the SUI blockchain, recorded notable volatility during Tuesday’s U.S. market hours. The intraday gain temporarily pushed the coin price above the $2 mark, before market volatility brought it to the current trading value of $1.9. However, the technical chart shows completion of a traditional reversal pattern, signaling that SUI price has potential for further growth.

SUI Gains Strength Without Retail Hype

The Sui blockchain native token, SUI, has featured a sharp rebound in the first few days of 2026. As of early January, the asset price rose to around $1.90-$2.00, recovering past the $2.00 level briefly for the first time since mid-November 2025. This represents a gain of well over 40% from lows around $1.30-$1.40 around December 1st.

The movement is in tandem with a larger altcoin pickup as Bitcoin stabilizes in high ranges. SUI’s placement in the market positions it within the top 20 cryptocurrencies in terms of capitalization with high-volume daily trading activity of over $1.5-$2 billion in recent trading sessions.

On-chain developments, such as partnerships and ecosystem tools, seem to aid the momentum.

Meanwhile, social media tracking platforms show that discussions on SUI have remained relatively quiet compared to previous highs in 2025 – there is no sign of discussion volume or dominance indicators rising, and they have dropped sharply from previous periods of discussion highs.

Attention of retail participants has largely moved towards more volatile segments such as meme tokens around this time.

That said, derivative market data shows that the bullish narrative is gradually building up. According to market data, the open interest tied to SUI has bounced from $657.5 million to $955 million over the past week. This 45% surge indicates that traders are entering new contracts in the futures market, as they expect a significant move in the coin price.

SUI Price Breaks Out With Double-Bottom Pattern

A six-day rally in SUI price has showcased strong recovery from $1.39 to current trading value of $1.88, accounting for a 36.5% gain. The buying pressure followed broader markets as Bitcoin gained stability above the $90,000 mark after weeks of consolidation.

However, a deeper look into SUI’s daily chart shows the recent recovery bolstering the development of a traditional reversal pattern called double-bottom. The chart setup is characterized by two reversals from a roughly horizontal support, creating a ‘W’ shaped pattern.

On Monday, the SUI price gave a decisive breakout from the pattern’s resistance at $1.79. The breakout backed by a notable spike in trading volume accentuates buyers’ conviction to drive a higher rally.

The momentum indicator RSI at 57% highlights the growth sentiment for continued recovery.

The post-breakout rally could push the price 22% up to hit the next key resistance at $2.27.

On the contrary, a bearish reversal from the $2.278 region will signal the risk of an extended downfall ahead.