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SUI price pulls back near $1.20 support after rally, bulls eye another breakout above $1.40

Technical Signals
14 May 2026
Crypto news
View Source
Bullish
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SUI price retreated to around $1.20 after hitting resistance near $1.40, following a strong rally from April lows near $0.85. The pullback comes amid growing DeFi activity, rising stablecoin liquidity, and positive derivatives sentiment supporting the Sui ecosystem. Analysts are watching if bulls can hold the $1.18–$1.20 support zone to fuel another breakout attempt above $1.40, which could lead to a rally toward $1.50. Failure to maintain support might trigger a correction back to $1.05, but overall momentum remains bullish with key indicators still favoring buyers.

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