Sui (SUI) is currently priced at $0.960796, reflecting a significant 7.106% decline over the past 24 hours. The daily trading range has been narrow, with a high of $1.046 and a low of $0.960813, indicating a lack of volatility in the short term.

Trading volume stands at 643,427,661, with a volume-to-market cap ratio of 17.41%, suggesting healthy market participation despite the recent price drop. The hourly moving averages show a bearish trend, with the 8 SMA at $0.9720 and the 13 SMA at $0.9781 indicating ongoing downward momentum.

The 1-hour Relative Strength Index (RSI) is at 25, indicating that SUI is currently oversold in the short term. In contrast, the 7-day RSI at 50 suggests that the asset is in a neutral position over a longer timeframe, while the 14-day and 30-day price changes reveal significant declines of 13.07% and 46.15%, respectively.

Given that the all-time high was $5.35 in early January 2025, the current price reflects a substantial decrease from historical highs. This prolonged downturn, combined with bearish indicators from moving averages and the oversold condition on the short-term RSI, suggests caution among traders.

Based on the analysis, the recommendation for Sui (SUI) is to Hold. While the asset has been showing oversold signals in the short term, the longer-term trends remain concerning, and traders should wait for signs of a reversal before considering a buy.