SUI Token Hovers Near Support as Technical Indicators Point to Continued Weakness
SUI is trading near critical support levels with weakening momentum across multiple timeframes. The 1-day chart shows bearish technical indicators including a declining 9-day EMA, negative MACD histogram, and RSI in the mid-30s range. Key resistance levels at $1.743, $1.856, and $2.0828 continue to cap upside attempts, while support zones at $1.3451, $0.8117, and $0.7606 represent critical downside thresholds.