SUI’s January Rocket Fuel: Can It Blast Past $2.39?

SUI's kicking off 2026 with the kind of momentum that makes traditional finance guys check their bond yields and weep. The network isn't just moving—it's sprinting, leaving a trail of bullish signals that have the whole crypto-sphere leaning in.

The Engine Room: What's Driving the Charge?

Forget vague promises. The surge is built on concrete, on-chain activity that you can actually measure. Transaction volumes are spiking, developer engagement is up, and the ecosystem is showing signs of real, organic growth—not just speculative hype. It's the difference between a firework and a sustained burn.

The $2.39 Question: Resistance or Springboard?

All eyes are glued to that key psychological and technical level. Hitting it isn't just about a number on a screen; it's about shattering a ceiling and opening the floodgates to a new trading range. The market's essentially asking: Is this the breakout moment, or just another tease before a pullback? The charts are screaming one thing, but in crypto, the charts have been known to lie after a few too many energy drinks.

The Verdict: Momentum vs. The Gravity of Reality

This isn't blind optimism. The data supports the bullish case, painting a picture of a protocol hitting its stride. But let's be real—this is an asset class where 'irrational exuberance' is considered a foundational business model. The momentum is undeniable, but whether it translates into a clean break above $2.39 will separate the narrative from the net P&L. One thing's for sure: SUI is demanding your attention, proving that sometimes, the best action in a boring market isn't in some banker's spreadsheet, but in the chaotic, beautiful code of a blockchain that's actually being used.

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.

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.

$SUI is breaking out of a channel!

As long as $1.79 holds, $2.39 comes next. pic.twitter.com/ntNGoRORTn

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.