SUI drops 10% in a week as analysts warn of $0.929 support risk

Sui ( SUI ), the native token of the Sui blockchain, currently trades at $0.9796 after declining 2.74% over the past 24 hours and 10.74% during the last week, according to data from CoinGecko. The altcoin market has experienced broader selling pressure, leaving SUI well below its previous highs above $5. Technical analysts have turned their attention to crucial support levels as SUI continues to set lower lows. More Crypto Online, a well-followed market analyst, has identified $0.929 as a pivotal support zone within a descending wedge pattern.

Source: CoinTurk News