SUI Price Slips as Bulls Watch $1.4223

SUI fell 5.93% to $0.9903, with intraday selling pressure keeping the token below $1 and testing support near $0.98. Bulls will need to pull back $1.4223 to take out the recovery setup and $2.65 and $5.36 are the next recovery targets expected. Rising derivatives activity and earlier liquidation spikes reflect changing market positioning, while future token unlocks could affect circulating supply and valuation. SUI market sentiment is bearish with SUI price still under downward pressure, traders are watching for support levels and waiting for confirmation that the token may be on the verge of a comeback.

Source: CryptoNewsLand