Sui (SUI) faced a 5% price decline over 24 hours with a 9.6% increase in daily trading volume, suggesting heightened short-term selling pressure. Despite Coinbase announcing direct staking capabilities for SUI on its platform, the token failed to rally and has traded within the $0.70-$0.77 range throughout July. The 4-hour RSI is in oversold territory as the token approaches the range lows, while the daily RSI fell back below neutral 50 after three consecutive days of losses. A breakout above the $0.82 resistance zone would provide a stronger buy signal for traders, whereas a breakdown below the $0.65 support level would indicate an imminent bearish price move.
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