- Sui price has dropped 6% prior to now 24 hours as altcoins prolong losses.
- Bitcoin’s downtrend means Sui may see new losses.
- A technical breakdown would possibly deliver the $1 assist stage into play.
Sui price hovers within the pink as a 6% dip sees bulls battle to maintain bears off the $1.40 assist stage.
On the time of writing, SUI modified palms at round $1.47, down as cryptocurrencies witnessed recent sell-off stress amid a broader market correction.
Aster and Telcoin are among the many top losers prior to now 24 hours.
SUI exhibits bearish bias amid crypto dump
The Sui token has declined 6% over the previous 24 hours and sits greater than 24% below its month-to-month peak, when it approached $1.77 in early December.
As with different altcoins, the downturn has coincided with a drop in open curiosity throughout derivatives markets and an increase in liquidations.
It’s indicative of waning confidence amongst leveraged positions, which makes the present pullback more likely to morph into a chronic correction.
For SUI, bulls have struggled since their advances had been rejected round $4.45 in July 2025.
As Bitcoin trades in a downtrend across the $86,500 following its retreat from latest highs, altcoins, together with Sui, have suffered a bearish cascade.
This broader market sell-off has amplified draw back stress on most layer-1 tokens, regardless of elevated institutional curiosity throughout ETFs, tokenization and digital asset treasury initiatives.
CoinGecko has outlined Solana as the blockchain with probably the most market site visitors share year-to-date.
Nevertheless, as the platform’s information below exhibits, Base, Ethereum and Sui are the subsequent prime chains, forward of BNB Chain, XRP Ledger, and Sonic.
Sui price forecast
Technical indicators at present level to heightened draw back dangers, with a possible breakdown threatening to speed up promoting stress.
On every day charts, the Relative Power Index (RSI) sits at 41. It’s approaching oversold territory and suggests momentum may weaken additional if consumers fail to defend present ranges.
In the meantime, the Shifting Common Convergence Divergence (MACD) indicator exhibits indicators of an impending bearish crossover.
With the sign line more likely to cross below the MACD line, this indicator reinforces a short-term detrimental momentum.
If SUI price fails to bounce above $1.40, bears may goal $1.34 space after which $1.20.
A sustained breakdown would possibly expose bulls to deeper retracements towards $1.
On the upside, a restoration above $1.50 may invalidate the instant bearish thesis.
On this case, the important thing goal will likely be resistance close to $2.00. The 50-day exponential shifting common at $1.87 supplies the primary hurdle.
