SUI is trading at $1.43, down 2.04% over the past 24 hours, while trading volume surged 180.78% to $823.35 million, according to CoinMarketCap data. Over the past week, the token has fallen 7.13%, reflecting continued bearish pressure.
In X post, Crypto analyst Umair Crypto noted that the recent break below the $1.78 RSI trendline triggered a roughly 23% drop, resetting SUI’s trading range.
“The move fully reset the range,” he said, highlighting that the token is now trapped within a balance zone defined by value area high, value area low, and point of control (POC). Analysts indicate that liquidity resting below $1.325 may need to be tested before any meaningful recovery occurs.
SUI remains in a downtrend, confirmed by lower highs and lower lows along with declining 50-day and 200-day moving averages. However, a horizontal support zone around $1.3253 has held multiple times in recent months, forming a potential accumulation base.
Momentum indicators suggest that the token is oversold: the RSI sits near 36, while the stochastic oscillator is around 11. This combination signals a possible short-term corrective bounce.
Traders monitoring the daily chart may watch for a reversal toward the upper consolidation range at $1.6993, though a retest of support at $1.3253 remains possible if selling pressure continues.
Sui is moving beyond its earlier “Solana killer” narrative, pivoting toward privacy-focused infrastructure. According to Altcoin Buzz, the network is introducing protocol-level privacy using zero-knowledge proofs, enabling what it calls “Confidential DeFi.” This allows transaction details to remain private while remaining verifiable for compliance purposes.
Unlike most high-performance blockchains, which implement privacy as a secondary feature, Sui embeds it directly into the protocol. The shift is drawing institutional attention: weekly inflows from professional investors have reached roughly $5.7 million, signaling confidence in the chain’s long-term potential.
The network is also improving usability for developers via its S2 StackStack, simplifying application development and operational workflows. By combining privacy, performance, and regulatory compatibility with accessible developer tools, The coin aims to make its upgrades practical and market-ready.
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