Sui (SUI) is currently priced at $1.30, reflecting a 24-hour decline of 6.70%. The price has fluctuated between a high of $1.39 and a low of $1.28 in the last day, indicating a daily range of just 0.11%, suggesting low volatility in the short term.

The trading volume stands at approximately $1 billion, corresponding to a volume-to-market cap ratio of 20.41%, indicating robust trading activity relative to its market capitalization. Moving averages reveal a bearish trend, with the 8-period SMA at $1.31 down 0.44%, and the 144-period SMA at $1.43 down 9.10%, confirming ongoing downward pressure.

The hourly Relative Strength Index (RSI) is at 32, which indicates oversold conditions, while the 7-day RSI at 40 shows weakness but not yet in oversold territory. Sui has experienced a significant price decline over various time frames, with a 7-day change of -13.29%, a 14-day change of -27.29%, and a 30-day change of -9.57%, highlighting a consistent bearish trend.

Despite the current low prices, the all-time high for Sui remains significantly above current levels at $5.35, achieved in January 2025. Given the substantial negative price momentum, combined with bearish indicators from moving averages and RSI levels, the market sentiment appears to be shifting towards caution.

In conclusion, while Sui is in an oversold position short-term, the consistent downtrend over multiple time frames and negative moving average performance suggests that a rebound is not imminent. Therefore, the rating for Sui (SUI) is a Sell, as the market conditions do not support a positive outlook in the near term.