SUI eyes $2 despite ongoing bearish momentum

Sui trades around $0.96, just below the dollar mark, as it continues to grapple with bearish pressure that has seen most cryptocurrencies hover below recent highs. Yet despite the current weakness, analysts continue to eye a return toward the $2 level. The outlook remains positive despite market sentiment continuing to fluctuate between risk-off conditions and potential technical recoveries. SUI’s bearish trend and potential recovery to $2 SUI has experienced consistent downward pressure since peaking around May and again in September/October 2025. The token has mirrored the broader market downturn since Bitcoin hit a peak above $126,000, ahead of the bloodbath on October 10, 2025. As the bellwether crypto asset plunged to lows of $60k, SUI followed suit. In the past…