Key Insights:
- SUI closed below the $1.00 support zone after trading near the level throughout the entire 2024 base.
- The token declined 77% from its early 2025 peak near $4.00 according to recent market data.
- Daily MACD turned bullish while RSI indicators remained below neutral levels during continued bearish market structure conditions.
- Analysts identified $0.65 to $0.70 as next support if SUI loses the current $0.90 level.
SUI trades below the $1.00 level, and placed attention on a price zone that acted as major support during 2024. Traders are now watching whether the token can hold above $0.90 after months of steady decline.
The latest market structure shows mixed technical signals. The MACD indicator turned slightly bullish on the daily timeframe. However, the RSI remains below neutral levels, while price action continues to reflect weakness from the broader downtrend.
SUI Price Drops Below Major Support Level
SUI traded below the $1.00 mark after losing support at $0.91 on the daily chart during recent market activity. Analysts noted that the level previously held throughout the 2024 accumulation phase before SUI climbed toward $4.00.
The token later failed to reclaim the same level during the decline. Price closed at $0.91, while daily trading volume reached 28.65 million SUI. Market participants are now monitoring whether the token can stabilize above current support.
Data shared by market analyst 2xnmore showed that SUI has declined about 77% from its early 2025 peak near $4.00. The analyst also pointed to the failed March 2026 recovery attempt, when price reached $1.50 before facing rejection.
The broader trend has remained weak despite several recovery attempts. Lower highs and failed higher lows have continued to shape the current chart structure. Traders are now focusing on short-term technical signals for direction.
Technical Indicators Show Mixed Momentum Signals
The daily MACD indicator recently crossed into bullish territory. The histogram also turned positive, although the move remained narrow. According to the analyst, this marked the earliest possible signal of a momentum shift, not confirmation of one.
At the same time, SUI RSI indicators remain below key levels. The fast RSI line stood at 49, while the slow line remained at 37. Both readings continued to reflect bearish market conditions despite the recent MACD crossover. Reclaiming the $1.00 level could open the path toward $1.20 if buying pressure increases.
An RSI move above 50 on the daily timeframe would serve as a stronger confirmation signal. Another downside scenario remains possible. If SUI loses the $0.90 support level with rising volume, analysts expect the next support area between $0.65 and $0.70. Current market attention remains focused on the upcoming weekly close and broader price reaction.
