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Sui Faces Downside Risks Following Price Volatility and Market Forecasts

Sui recorded a 3.13% one-hour gain to $0.9798 on Binance Spot, alongside short liquidations totaling $20,000 across Binance, Bybit, and OKX. The token fell 4.39% during a trading session, opening at $1.0212 and closing at $0.9764 after hitting a daily low of $0.9528. SUI has dropped 10% over seven days, leading analysts to warn of a potential breakdown below the $0.929 support zone toward $0.85–$0.86. Despite gaining 22.22% over the past month, price forecasts predict a 23.59% decline over five days to $0.760204.

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