CryptoSignals News
Join our Telegram

Sui (SUI/USD) Market Extends Decline Amid Sustained Downside Technical Pressure

Estimated Reading Time: 3 minutes

Article Rating:
Based on 1 vote
Login to rate this article.

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more

Sui (SUI/USD) Market Extends Decline Amid Sustained Downside Technical Pressure

Sui Price Prediction — November 4

Sui (SUIUSD) market extends decline amid sustained downside technical pressure. SUIUSD continues to exhibit a pronounced bearish structure as momentum indicators remain aligned with the prevailing downtrend.

The price action stays consistently below the 9-period SMA near $2.430, reflecting persistent selling strength and weak recovery attempts. RSI currently hovers around 33, signaling oversold conditions that reinforce market fatigue among buyers and a continuation of bearish control.

SUI/USD Market Key Levels:

Resistance levels: $3.0670, $3.8490, $4.3000
Support levels: $2.0000, $1.7160, $1.1180

Sui (SUI/USD) Market Extends Decline Amid Sustained Downside Technical Pressure

SUI/USD – Daily Chart

The SUI/USD daily chart shows a clear crash to the downside.

Technically, the pair has been forming lower highs and lower lows beneath a descending trendline drawn from the $3.070 region, confirming structural weakness. The recent rejection near $2.430 has further validated resistance strength at that level, while price has now dipped toward the $2.180 zone, where minimal reaction has occurred. Failure to reclaim the descending trendline suggests that short-term momentum remains decisively bearish.

SUI currently exhibits a weak technical structure, with price action showing signs of vulnerability. Failure to hold the key support zone near the $0.66 Fibonacci golden pocket could trigger increased selling pressure. Under such conditions, the token may retreat toward the $1.50 region, marking an estimated 32% decline. Sustained defense of this critical level is essential to prevent further bearish continuation.

What is the projection for the SUIUSD market?

Looking ahead, SUIUSD may extend its decline toward the next key support area at $2.000, and a decisive break below could open the path toward $1.720. If bearish sentiment persists, deeper losses toward the $1.180 level cannot be ruled out. However, only a sustained move above $2.430 would challenge the current bearish bias and hint at early signs of stabilization.

Sui (SUI) Current Statistics
The current price: $2.1870
Market Capitalisation: $8,040,000,000
Trading Volume: $943,440,000

Place winning SUI trades with us. Get SUI here

Recent News

July 10, 2024

ApeCoin (APEUSD) Anticipates Potential Waning of the Bearish Trend

Price Analysis: Market Decline With Potential for a Bullish Reversal APEUSD has recently undergone a notable shift in market sentiment, as evidenced by the decisive breach of the critical support level at $0.990. This downturn marks the commencement of a bearish trend in the market after short term...
Read More
November 17, 2025

Internet Computer (ICP/USD) Preserves Upward Momentum at $4.9

The bulls in the Internet Computer (ICP) market have established a higher support level following the correction that occurred after the previous bullish rally peaked. In early November, the market gained significant upward momentum, with the price surging from the $4.00 region and advancing steadi...
Read More

Join Our Free Telegram Group

We send 3 VIP signals a week in our free Telegram group, each signal comes with a full technical analysis on why we are taking the trade and how to place it through your broker.

Get a taste of what the VIP group is like by joining now for FREE!

arrow Join our free telegram