Sui (SUI) is currently priced at $1.37, experiencing a significant decline of approximately 10% over the last 24 hours. The cryptocurrency hit a high of $1.57 and a low of $1.36 within the same period, indicating heightened volatility with a daily range of 0.21%.

The trading volume stands at around 747 million, resulting in a volume-to-market cap ratio of 14.83%, suggesting moderate liquidity. Technical indicators show that short-term moving averages (8 SMA at $1.42 and 13 SMA at $1.46) are trending downwards, which reflects bearish sentiment in the immediate term.

The one-hour RSI is extremely low at 5, indicating potential oversold conditions, while the seven-day RSI at 44 suggests that SUI is nearing neutral territory but still lacks strong bullish momentum. Notably, the price has seen a consistent downtrend over longer periods, with a 30-day price change of nearly -42%, suggesting sustained bearish pressure.

From a fundamental perspective, SUI's all-time high of $5.35 in January 2025 reflects a significant decline from current levels. This downturn, coupled with deteriorating price action and technical signals, indicates a challenging market environment for potential buyers.

Given the significant recent decline, bearish moving averages, and low RSI readings, the recommendation for SUI is to hold. Investors should closely monitor for signs of recovery and potential support levels before considering new positions, as further downside risk remains evident in the current market context.