SUI Price Analysis SUI Price Prediction: Momentum indicators show weakness The price of SUI closed below the upward trend line (drawn by connecting several lows since mid-June) on Monday. It also closed below its daily support at $3.65 and its 61.8% Fibonacci retracement (drawn from the June low of $2.29 to the July high of $4.44) at $3.62, indicating a shift in market structure from bullish to bearish. As of writing this on Tuesday, it is still trading below $3.56. If SUI continues its correction, it could extend the downward trend to its daily support at $3.33. A successful close below this level could extend losses to its next daily support at $2.90.
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