Sui Token Plunges 87% from All-Time High: Bottom in Sight?

The Sui token has been in a downtrend since November 2025. At its peak, it reached $5.35 in January 2025, but has now corrected by 87.3% from that all-time high. The price has hovered around the $0.67-$0.77 area on the charts since June 6.

A two-month consolidation phase around $0.70 might have signaled a buying opportunity, but it's too early to be certain. The bearish swing structure of SUI is clear, and so is the lack of sustained upward momentum. The OBV has been flat for over a month, and the RSI has struggled to cross above neutral 50.

The Stochastic RSI has formed a bearish crossover, signaling further drawdown is possible. A strong bullish breakout on high volume reached $1.42 in February to early May, but was sold off in the following weeks. It's possible that another such surge could occur in the coming weeks, followed by severe selling.

Swing traders should beware of a surprise rally higher, but as things stand, a bounce toward $0.80 would offer a selling opportunity. A breakdown below $0.64 is also possible, and it coincides with an area of considerable long liquidations.