Sui (SUI), a Layer 1 blockchain protocol focused on scalability and low-latency transactions, is approaching a death cross, a bearish technical indicator that historically precedes steep downside moves. If confirmed, this event could signal a 20–35% price drop, placing SUI within the $1.90–$2.20 support range, despite the project’s robust on-chain fundamentals. Aurudium’s latest publication gives readers a complete overview of this topic, explained by their brokerage experts. Technical Breakdown: Death Cross Threatens SUI Outlook As of July 7, SUI is trading near $2.91, hovering just above its 50-day Exponential Moving Average (EMA), which is also positioned slightly above the 200-day...
BlockchainMay 16, 2026May 20, 2026