Sui (SUI) is currently priced at $0.95137, reflecting a slight decline of 1.0464% over the last 24 hours. The daily trading range remains tight with a high of $0.982901 and a low of $0.949574, indicating limited volatility in the short term.

Volume stands at 420,807,289, representing 11.50% of the market cap, which suggests moderate trading activity relative to its overall market size. The hourly moving averages indicate a downward trend, with the 8 SMA at $0.9579 showing a decline of 0.68%, suggesting bearish sentiment in the immediate timeframe.

The 1-hour RSI is at 38, indicating that SUI is nearing oversold conditions, but still suggests bearish momentum in the short term. Conversely, the 7-day RSI is at 52, indicating a neutral stance, while the price has appreciated by 8.24% over the past week, suggesting some recent recovery despite longer-term pressures.

In the past 14 days, SUI has seen a price drop of 10.71%, and the 30-day change reveals a substantial decline of 39.54%. This longer-term bearish trend aligns with the overall market sentiment and reflects challenges in sustaining upward price momentum.

Given the substantial gap from the all-time high of $5.35 reached in January 2025, SUI has significant room for recovery but remains far from its previous peak. The technical indicators collectively point to bearish pressure, suggesting that immediate buying may not be optimal.

Based on the analysis of the current price action, volume dynamics, and moving averages, I assign a Sell rating for SUI. The current downward trends and lack of strong bullish signals indicate that investors should consider exiting positions until clearer signs of recovery emerge.