Will SUI’s Strong January Momentum Trigger a Surge to $2.39?

SUI is showing strength as it moves out of a long period of consolidation, and as strong support levels start to form. A rising bullish sentiment towards SUI has many traders watching January closely for a possible continuation to the upside. At press time, the coin is trading at $1.80 with a slight decline of 1.43% over the past 24 hours.

Daily Structure Signals Strength Above $1.73

The TradingView chart shows SUI breaking through the $1.73-$1.79 area of resistance. Currently, the price is trading around $1.80 but is safely above the 50-day moving average and is quickly approaching the 200-day moving average.

The RSI also shows that the coin is still establishing itself in an uptrend after dipping back from 70 to 65.7, which indicates there is still room for it to go up without entering into overbought territory, as long as it can maintain prices above $1.79.

Also Read: SUI Holds Key Support as Analysts Track a Move Toward $5 Resistance

Breakout Confirmation Toward $2.39

In a recent update on X by the analyst Ali Charts, the coin is currently “breaking out of the channel” and has validated the bullish set-up we see on TradingView.

The key point that was mentioned was the $1.79 area, with the ultimate goal of reaching $2.39, which equates to an approximately +33% increase in price if it holds momentum. This is very much aligned with what we see happening currently in the charts.

Expected Range Between $1.28 and $1.84

The January 2026 prediction chart from Coincodex shows SUI having a price range of $1.28 (low) to $1.84 with an average price of $1.46.

This conservative model predicts the coin will continue to be volatile or have fluctuations in price, but also suggests that it is quite possible for SUI to retest or get close to the $1.84 range, which is aligned with the breakout structure on TradingView.

By analyzing the TradingView breakout combined with the $2.39 bullish target of this tweet and the prediction chart from January, it seems likely to move upwards as long as its price stays above $1.79.

Although prediction models are more conservative, technical indicators lead us to believe that the coin has potential for further advances if it can maintain upward momentum.

Also Read: Sui (SUI) on the Verge of Breakout: Analysts Eye $2.40–$8 Price Range