Sui (SUI) is currently priced at $1.52, reflecting a minor decline of 0.75% over the past 24 hours. The price has fluctuated within a narrow daily range, hitting a high of $1.60 and a low of $1.51, indicating low volatility in the market.

Trading volume stands at approximately $612 million, representing 10.93% of the market capitalization, suggesting active participation but not excessive speculation. The hourly moving averages indicate a bearish trend, with the 8 SMA, 13 SMA, and 55 SMA all showing declines, while the 144 SMA shows a slight uptick of 2.04%.

The 1-hour RSI is at 37, indicating potential oversold conditions, while the 7-day RSI of 54 shows a more balanced momentum. Price changes over varying timeframes highlight a recent short-term gain of 10.45% over the past week, contrasting with a significant drop of approximately 39.39% over the past month.

Historically, SUI reached its all-time high of $5.35 in January 2025, suggesting considerable room for appreciation should market sentiment improve. The current bearish trend, reflected in both short and medium-term moving averages, points towards cautious investor sentiment and a potential consolidation phase.

Based on the current technical indicators and price movements, the recommendation is to Hold SUI. While there is potential for a short-term rebound given the oversold RSI, the overall bearish trend and substantial losses in the longer term suggest waiting for a clearer bullish signal before increasing positions.