Sui Token Drops 3.69% as Algorithmic Models Predict Further Decline

The Sui (SUI) token is trading near $1.07 after a significant drop of 3.69% in the past 24 hours, with some algorithmic models predicting a further decline to $0.81 within five days.

This comes as the broader cryptocurrency market cap falls by 5.90%, with SUI also losing 2.06% against Bitcoin (BTC) over the same period.

The token's price action is being closely watched, with key support levels at $1.06, $1.01, and $0.945, while resistance is stacked at $1.17, $1.24, and $1.28.