$SUI is currently facing bearish pressure, trading near $0.86 after a technical breakdown below key support levels triggered a wave of long liquidations. The overall market sentiment is neutral to bearish as the token underperforms Bitcoin, driven by negative social sentiment and a lack of fresh fundamental catalysts. Traders should watch the critical support zone at $0.85; a sustained break below this floor could lead to a deeper slide toward $0.78. On the upside, resistance is sitting at $0.895, and a reclaim of the $0.96–$0.97 pivot area is necessary to shift the short-term momentum back toward a bullish recovery.
SUIUSDT
Perp
0.8445
-4.69%