SUI Tests $0.89 Support as Traders Watch Recovery

SUI returns to its 200-day moving average near $0.89 after breaking above the indicator in September. Perpetual liquidation spikes increased during September and October as leveraged traders faced repeated forced closures during sharp price swings. Holding $0.89 could put $1.00 back in view, while a breakdown may expose lower support. SUI is approaching a crucial technical level, with its latest pullback bringing the 200-day moving average into focus. CryptoBullet Compares the Current Retest With May's Rejection CryptoBullet has drawn attention to the difference between the two moving average tests. The analyst recalls how SUI approached the 200-day average during May.