Sui Price Rejection at 200-Day Average Likely to Trigger Bearish Breakdown Below $0.83

Three Things to Know A selloff in Nasdaq chip stocks dragged Sui lower alongside Bitcoin, with no Sui-specific trigger behind the drop. SUI remains pinned beneath both of its key moving averages, and momentum indicators still favor sellers. The recent 30-day low near $0.83 is the line that could decide whether the slide deepens. Sui slumped this week as a rout in chip stocks spread across crypto markets. Leveraged traders were forced out, and the token gave back gains it had struggled to build. The damage leaves SUI tied tightly to Bitcoin and sitting under its long-term trend line. A modest bounce has followed, but sellers still control the chart.

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