- Sui price has fallen 6% over the past 24 hours as altcoins deepen their losses.
- Bitcoin’s downtrend suggests Sui could record further declines.
- A technical breakdown could threaten the $1 support level.
The price of Sui remains negative, with a 6% drop leaving bulls fighting to keep bears away from the $1.40 support level.
At the time of writing, SUI was trading around $1.47, slipping under renewed selling pressure amid a broader market correction.
Aster and Telcoin are among the biggest losers in the past 24 hours.
SUI shows bearish momentum amid crypto sell-off
The Sui token fell 6% in the last 24 hours and is more than 24% below its monthly high, after reaching roughly $1.77 in early December.
As with other altcoins, the decline coincided with a drop in open interest on derivatives markets and a rise in liquidations.
That combination points to reduced confidence among leveraged positions, increasing the likelihood that the current sell-off could evolve into a prolonged correction.
Bulls have struggled since their attempts were rejected near about $4.45 in July 2025.
With Bitcoin trending lower around $86,500 after sliding from recent highs, altcoins including Sui experienced cascading declines.
The broader market sell-off has increased downward pressure on many layer-1 tokens, despite growing institutional interest in ETFs, tokenization and digital-asset treasury initiatives.
CoinGecko identified Solana as the blockchain attracting the largest share of market activity over the year.
However, platform data also show Base, Ethereum and Sui ranking among the top chains, ahead of BNB Chain, the XRP Ledger and Sonic.
Sui price outlook
Technical indicators currently signal heightened downside risk, and a potential breakdown could accelerate selling pressure.
On the daily chart, the Relative Strength Index (RSI) stands at 41. It is approaching oversold territory and suggests momentum could weaken further if buyers fail to defend current levels.
Meanwhile, the Moving Average Convergence Divergence (MACD) indicator points to an imminent bearish crossover.
With the signal line likely to cross below the MACD line, this indicator reinforces the short-term negative momentum.
If SUI fails to rebound above $1.40, bears may target the $1.34 area, followed by $1.20.
A sustained breakdown could expose bulls to deeper retracements toward $1.00.
Conversely, a recovery above $1.50 would undermine the immediate bearish case.
In that scenario, the next key target would be resistance around $2.00, with the first obstacle the 50-day exponential moving average near $1.87.