$SUI Market Analysis (Binance Style)

Current Price: $0.8684

24H High: $0.9036

24H Low: $0.8582

SUI is currently trading below the key $SUI port area around $0.90, showing continued bearish pressure on the daily timeframe. The chart indicates a strong rejection from the previous high near $1.42, followed by a series of lower highs and lower lows, confirming a downtrend structure.

The MACD indicator remains in negative territory, suggesting that sellers still control short-term momentum. However, price is approaching a historical support zone between $0.85 – $0.82, where buyers may attempt to defend the market.

Key Levels

🔹 Support: $0.85 / $0.82

🔹 Resistance: $0.90 / $0.95 / $1.05

🔹 Major Resistance: $1.20+

Outlook

If SUI manages to reclaim and hold above $0.90, a recovery toward $0.95–$1.05 could develop. On the downside, failure to hold $0.85 may expose the asset to further weakness toward the $0.80 region.

Traders should monitor volume closely, as a strong increase in buying activity could signal a trend reversal. Until then, the market structure remains cautious with bearish momentum still visible on the daily chart.