Market Overview for Sui/Tether (SUIUSDT): Volatility Expands Amid Rebound

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Sunday, Jan 11, 2026 7:10 pm ET1min read
SUI
--
Aime RobotAime Summary

- SUIUSDT rebounded from 1.7918 support, forming a bullish engulfing pattern near 1.80 as price surged to 1.8344 resistance.

- RSI bottomed at 29 (oversold) before rebounding past 50, while volume spiked during the 1.7918–1.8344 move, confirming price strength.

- Price remains above 50-period MA on 5-minute chart, with 1.8180 Fibonacci level acting as dynamic support/resistance amid expanding Bollinger Bands.

- A sustained break above 1.8246 could target 1.8344 or 1.8460 Fibonacci levels, while a close below 1.8142 risks retesting 1.7918 support.

Summary
•

SUIUSDT
tested 1.7918 (support) and surged to 1.8344 (resistance), forming a bullish engulfing pattern near 1.80.
• RSI bottomed at 29 (oversold) and rebounded, suggesting potential for a short-term rebound.
• Volume spiked during the 1.7918–1.8344 move, confirming price strength amid expanding volatility.
• Price remains above 50-period MA on 5-min chart, indicating short-term bullish momentum.

SUIUSDT opened at 1.7985 on 2026-01-10 12:00 ET, peaked at 1.8344, hit a low of 1.7796, and closed at 1.8294 at 12:00 ET on 2026-01-11. Total 24-hour volume reached 11.18 million

SUI
, with a notional turnover of $2.06 million.

Structure and Momentum


Price carved a broad range between 1.7796 and 1.8344, forming a bullish engulfing pattern near 1.80 as it rebounded from the 1.7918 support level.
The RSI indicator dropped into oversold territory (29) before surging past 50, signaling a potential short-term reversal. Price has remained above the 50-period moving average on the 5-minute chart, indicating ongoing short-term bullish bias.

Volatility and Volume


Bollinger Bands expanded as price pushed higher, with volatility peaking during the 1.7918–1.8344 swing. Volume spiked sharply during this phase, confirming price action and aligning with the rising RSI. Notional turnover increased in tandem with price surges, particularly during the late-ET rebound, suggesting strong institutional or large-cap participation.

Fibonacci and Key Levels


The 61.8% Fibonacci retracement of the 1.7796–1.8344 move sits near 1.8180, currently acting as a dynamic support/resistance level. Price’s consolidation above 1.80 and recent break above 1.8246 suggests a possible target of the 1.8344 swing high or even the next Fibonacci level at 1.8460 if the move extends.

SUIUSDT appears poised to continue its upward trajectory if it maintains above 1.80. However, a close below 1.8142 could trigger a retest of the 1.7918 level. Investors should watch for volume confirmation or divergence as price moves into key Fibonacci and Bollinger Band thresholds in the next 24 hours.