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  • SUI lost the $0.80 support level, shifting attention toward the $0.55-$0.65 accumulation area and nearby demand.
  • Price traded near $0.7034 after a 6% decline, while sellers maintained control across short-term market structure.
  • Long-term projections point higher, though support stability remains the primary focus for market participants.

SUI Support Zone remains a central focus after recent weakness. Market participants are watching lower support levels closely. Traders continue assessing downside risks alongside longer-term recovery expectations.

SUI Loses Critical Support as Selling Persists

A recent market update from analyst SuiInsiders noted the loss of support near $0.80. That level previously acted as a key defensive area. Its breakdown altered the near-term technical outlook.

image 32
Source: X

The chart shared on social media outlined fresh downside targets. Attention shifted toward the $0.55-$0.65 region afterward. This area now represents the next major demand zone.

Analysts noted that increased volatility could pressure prices further. Under that scenario, a temporary move toward $0.50 remains possible. Such a movement would fit historical cryptocurrency correction patterns.

Even so, the projected decline does not indicate structural collapse. Instead, the roadmap presents a continuation of corrective activity. Traders continue evaluating support behavior before determining direction.

Short-Term Chart Reflects Weak Market Structure

The latest 24-hour chart showed SUI trading around $0.7034. The token declined more than six percent during the session. Selling pressure remained evident throughout most trading hours.

image 31
Source: Coinmarketcap

Price started near $0.745 before encountering aggressive resistance. Sellers quickly forced a move below the $0.720 region. That decline established a bearish tone for the session.

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Several recovery attempts emerged during intraday trading activity. However, rallies repeatedly stalled near resistance levels. Buyers failed to establish a stronger upward structure.

Lower highs continued forming across the chart afterward. Market participants appeared willing to sell strength repeatedly. As a result, bearish momentum remained firmly intact.

Accumulation Scenario Emerges on Long-Term Projection

The same roadmap also outlined a broader market perspective. According to the projection, consolidation could continue for months. Price may establish a lengthy accumulation phase.

An ascending trendline remains visible beneath current trading levels. The chart suggests this support remains technically relevant. Long-term participants continue monitoring its performance carefully.

If demand returns, the first recovery objective sits higher. The projected target range extends from $2.70-$3.10. That zone corresponds with historical trading activity.

A second target appears between $4.40 and $4.70. Beyond that, the roadmap identifies an $8-$9 objective. For now, attention remains fixed on the SUI Support Zone and its ability to hold.

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