SUI has returned to around
$0.72
, a price area that is believed could attract buyers following the recent price fall of the token.
But the latest chart does not show much evidence that a lasting recovery has begun, and SUI has already lost much of its August gains and remains vulnerable if support around
$0.70
fails.
SUI crypto revisits an earlier rally zone
SUI was trading at
$0.7224
after losing
0.62
% during the latest daily session. It traded as high as
$0.7377
before falling back.
The decline followed a brief rally it saw in August that carried SUI above
$0.85
. But buyers could not sustain that move, and it has since returned to levels seen before the rally began.
SUI daily price trend chart
The current chart shows that SUI has spent much of the past three months moving between around
$0.65 and $0.80
, despite several attempts to break higher.
Has SUI found its bottom?
The area around
$0.70
is now the closest price to watch and more buying activities have happened near that level since June, making it an important test for the latest pullback.
If
$0.70
continues to hold, it could make another attempt at
$0.75
, but a stronger recovery would require SUI to move back above the
$0.80–$0.85
region, where its August rally stalled.
A fall below
$0.70
would weaken the recovery case and could bring SUI back towards
$0.65
.
Market momentum is also broadly balanced. SUI’s Relative Strength Index stood at
47.93
, suggesting neither buyers nor sellers currently have a decisive advantage.
This leaves SUI in a familiar price area, but not necessarily at the beginning of another major rally. Holding
$0.70
and recovering the ground lost since August would provide a clearer evidence that buyers are returning.
Final Summary
- SUI has fallen back to around $0.72 after its August recovery stalled above $0.85.
- The $0.70 level could determine whether another rebound begins or the decline extends towards $0.65.
