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Altcoins & DeFi

SUI’s $0.91 Downside Scenario Requires Two More Technical Breaks

Image: TokenPost

Sui (SUI) was priced at $1.01 in a 5:59 a.m. ET (09:59 UTC) Oct. 17 snapshot, down 3.13% over 24 hours, while a separate downside setup placed $0.91 beyond two conditional technical thresholds. The $0.91 scenario requires a daily close below $0.99, followed by a break below $0.95 support. Those thresholds came from an Oct. 15 setup. The Oct. 17 chart placed the lower Bollinger Band at $0.98, 3 cents below the quoted price, and listed support at $0.96. The chart put the 20-day simple moving average at $1.11, the seven-day simple moving average at $1.04, the 12-day exponential moving average at $1.06 and the 26-day exponential moving average at $1.05.

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