Sui (SUI) is currently trading at $1.41, exhibiting a slight increase of 0.50% over the past 24 hours. The price has seen a daily high of $1.41 and a low of $1.37, indicating a narrow daily range of just 0.04%, which suggests low volatility in the market.

The trading volume over the last 24 hours stands at approximately 330.89 million, with a volume-to-market cap ratio of 6.28%, indicating active trading participation but not overly high. The hourly moving averages show a generally positive trend, with the 8, 13, and 21 SMA all reflecting small gains, while the 144 SMA indicates a slight pullback of 1.01%, suggesting potential resistance at this level.

The 1-hour RSI is at 75, indicating that SUI may be overbought in the short term, which could lead to a price correction. Conversely, the 7-day RSI is at 47, positioning SUI in neutral territory, while the 7-day, 14-day, and 30-day price changes are all negative, signaling a bearish trend over these time frames.

SUI's all-time high of $5.35 achieved on January 4, 2025, highlights significant upside potential, but current price action is well below this level. With the recent price declines over multiple time frames, there are concerns about sustained momentum, especially given the high RSI in the short term.

Considering the current technical indicators, the short-term bullish signals are countered by the longer-term bearish trends. Therefore, a cautious approach is warranted, resulting in a Hold rating for SUI as investors should monitor for clearer signs of trend reversal before making new commitments.