Sui Crypto Price Reverses After 45% Rally, Buyers Struggle to Defend Key Support Zone

Sui cryptocurrency's price action was bullish just last week, rising by 45% in under three days to nearly reach $1.

However, this rally came to an end with selling pressure over the weekend, changing the outlook for SUI.

The buyers were unable to defend a key support zone at $0.80, indicating that sentiment towards Sui may be shifting.

Ali Martinez, a popular crypto analyst, had predicted a bullish move for the token on August 21st using various technical indicators.

However, this prediction was short-lived as the latest wave of selling impacted the market.