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This is doubtful. The Supreme Court fully understands that ruling the President has absolute immunity will serve to permanently undermine their own power. There is no material benefit to the Supreme Court in waiting to rule on this case, and every reason for them to make a hasty decision affirming the lower courts finding or simply refusing to hear the case altogether. Regardless of their own personal politics, it is extremely unlikely that the Supreme Court will make ANY rulings that serve to undermine or limit the authority of the judiciary.
You're absolutely right. It's highly unlikely they'd rule in his favor. As you said, that would give any president absolute power and that's not agreeable to the court who, after overturning Chevron, will wield a lot more power themselves.
I hope they refuse the case. It would have been smart for the judiciary as a whole to do that a long time ago. Let trump face trial while they still had another viable candidate in the race. However, the strategy in all of his legal fights has been to drag this out as long as possible in the hope that he becomes president and it's all null and void. Thus allowing him to never face trial and the court to never rule either way.