Sui (SUI) is currently priced at $1.71, showing a 24-hour decline of 3.12%. The daily range indicates limited volatility, with a high of $1.78 and a low of $1.65, reflecting ongoing bearish sentiment as the price remains close to its lower end.

Volume stands at approximately $962.61 million, contributing to a Vol/Market Cap ratio of 15.31%, suggesting decent trading activity relative to its market capitalization. However, the hourly and daily moving averages indicate a bearish trend, with the 55 SMA at $1.75 and the 144 SMA significantly higher at $1.90, demonstrating a lack of upward momentum.

The 1-hour RSI is currently at 37, signaling oversold conditions, but not enough to suggest an immediate reversal. The 7-day RSI at 38, coupled with a 7-day price change of -21.58%, indicates a sustained downtrend over the past week, further confirming bearish market sentiment.

Over the past 14 days, SUI has decreased by approximately 22.70%, and the 30-day price change shows a significant drop of nearly 30.59%. This consistent decline from the all-time high of $5.35 in early January 2025 highlights the ongoing weakness and lack of buyer support in the market.

Considering the technical indicators and recent price movements, the outlook for SUI remains bearish. With the price below key moving averages and declining RSI values, the recommendation is to Sell, as further downside potential appears likely in the current market environment.