Sui Price Prediction: Can $0.70 Hold as SUI Falls 40% From Its High?

Sui price prediction for November 17 stays bearish below $0.80, the level $SUI needs to reclaim after sliding about 40% from its late-September high.

Sui Price Analysis: Can $SUI Reclaim $0.80?

$SUI needs a daily close above $0.80 to slow the slide. Price at $0.7692, down 3.60% over 24 hours per Coinglass, is below all four daily averages, with the 20-day at $0.8632, the 100-day at $0.9013, the 50-day at $0.9107 and the 200-day at $0.9578. It sits about 11% under the 20-day and about 20% under the 200-day.

Meanwhile, $SUI has traded inside a falling channel since the early-October high near $1.26, and the channel’s upper line now runs near $0.84, about 9% above price. RSI at 32.40 is just above the 30 line and under its average of 38.28, so selling has not eased yet. The shaded support zone near $0.64 to $0.66 matches the August low, and it is the next area where buyers have stepped in before.

$SUI looks more likely to trade between $0.70 and $0.80 on November 17 than to reclaim $0.80, and a daily close below $0.70 would put the $0.65 zone in play.

$SUI Support and Resistance Levels, November 17, 2026

Sui Plans a 1 $SUI Fee to Publish or Upgrade an App

SuiWire reported that Mysten Labs merged a change on November 13 that would charge developers 1 $SUI, plus 0.01 $SUI for each module and each dependency, every time they publish or upgrade a package, which is an app’s code on Sui. A simple package would pay 1.03 $SUI, about $0.79 at today’s price. Everyday users who send, swap or mint would not pay it.

The fee is planned for protocol version 143. It is not live on mainnet, testnet or devnet, no mainnet date has been set, and the code can still change. At about $0.79 per publish, the fee would add very little demand for $SUI unless developers publish far more often than they do today, and nothing in the report gives that figure.

Sui Processed 97.9M Transactions in a Week, Says MSB Intel

MSB Intel (@MSBIntel) said Sui processed 97,939,515 transactions in the seven days to November 10, up 17.44% from the week before and more than six times Ethereum’s 14,073,098.

A transaction count shows activity, not how much money moved or how many buyers $SUI has. The token is still about 40% below its late-September high and under all four daily averages, so usage is not setting the price right now.

Related: Solana Price Prediction: Can $70 Hold After Seven Straight ETF Outflow Sessions?

Sui Derivatives: Longs Are Closing Without a Panic

Traders are leaving rather than rushing out. Open interest, the total value of open contracts, fell 4.64% to $458.30 million, and 24-hour futures volume fell 8.83% to $522.27 million, while spot volume fell 17.73%. Liquidations, positions closed by force when a leveraged trade runs out of margin, totaled $1.60 million over 24 hours, and longs took 87% of them. That is only about 0.35% of open interest, so the drop looks orderly, not like a capitulation.

Only $210.50K came in the last four hours, though $90.68K of that landed in the last hour, so the pressure has not fully faded. Funding, the small payment between traders that keeps perpetual contracts near the spot price, is -0.0049% per eight hours, about -5.4% annualized, so shorts are paying longs to hold. The taker buy/sell ratio is below 1 on four of five exchanges, so traders hitting the market are still selling more than buying.

Sui Price Prediction Scenarios for November 17

Bullish Case, Target: $0.8286

$SUI holds the 24-hour low at $0.7645, reclaims $0.80 and reaches the 24-hour high at $0.8286, about 8% above today’s price. A close above it would open the 20-day EMA at $0.8632, about 12% higher. Negative funding and Coinglass’s Fear & Greed reading of 12 point to heavy pessimism, which leaves room for a short squeeze if buyers return.

Bearish Case, Risk Level: $0.70 (Round Level)

$SUI closes below the 24-hour low at $0.7645 and then $0.70, about 9% below today’s price. A close below it would put the shaded zone near $0.64 to $0.66 in play, about 15% lower, close to the August low. Another long flush and weakness across crypto would fit this path.

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