Sui (SUI) is currently trading at $1.14, reflecting a minor 24-hour change of 0.44%. The price remains near the daily range, with a high of $1.16 and a low of $1.12, indicating a stable trading environment over the last 24 hours.

Volume stands at approximately 668.32 million, with a volume-to-market cap ratio of 15.25%, suggesting a moderate level of trading activity relative to its market capitalization. The hourly moving averages show a mixed sentiment, with the 8 SMA slightly positive at +0.04%, while the longer-term averages indicate bearish trends, particularly the 144 SMA, which is down 7.17%.

The 1-hour RSI is at 48, indicating that SUI is neither overbought nor oversold in the short term. However, the 7-day RSI at 39 shows that SUI is nearing oversold conditions, which could signal a potential rebound if buying pressure increases.

In terms of price performance, SUI has seen significant declines over various time frames, with a 7-day drop of 20.59%, a 14-day decline of 24.87%, and a 30-day decrease of 32.69%. This prolonged bearish trend, coupled with the all-time high of $5.35, suggests a considerable gap that needs to be addressed for a bullish reversal.

Given the current technical indicators and ongoing downtrend, SUI appears to be stabilizing at its current price but lacks strong upward momentum. Therefore, the recommendation is to Hold at this time, as potential short-term recovery could occur, but longer-term risks remain significant until a clear bullish signal emerges.