SUI Price Is Down 80%: Price Nears Level Bulls Cannot Afford to Lose

SUI price has quietly slipped into a zone that usually decides everything. Charts show an 80% drop from the peak, yet the market is no longer moving fast. This slowdown matters because SUI now trades near levels that previously defined major trend shifts. Crypto Patel highlighted this moment as one where structure speaks louder than hype, especially after months of steady decline.

SUI price outlook has changed since the long term uptrend gave way. The chart shared by Crypto Patel shows SUI falling from the $5.37 high to the $1.10 area, marking an 80% correction. Price now sits inside a higher time frame corrective structure, where decisions tend to stick for months. That structure explains why every small move now feels heavier than before.

Crypto Patel points to the Fibonacci support zone between 0.618 and 0.786 as the current battlefield. SUI price touching this region signals a test of long term confidence. Buyers previously defended similar zones during earlier market cycles, which adds weight to this moment.

SUI Price Prediction Hinges On Holding The $0.78 Support Zone

SUI price prediction depends largely on one number. Crypto Patel identifies $0.78 as the last bullish structure support, tied to the 0.786 Fibonacci level. Weekly candles closing above this area keep the broader recovery idea alive. Price losing this zone would change the conversation entirely.

The chart also shows former support near $1.57 turning into resistance. SUI price failed to reclaim that level after the breakdown, which confirms the shift in structure. Crypto Patel notes that reclaiming $1.57 would reopen paths toward $2.10, yet that step requires strength that has not appeared yet.

SUI Price Structure Shows Why Volatility Has Compressed

SUI price action feels quiet because compression often follows sharp drops. Crypto Patel explains that after large corrections, markets pause as participants reassess risk. This pause creates narrow ranges that precede expansion. Direction usually follows structure, not emotion.

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Price now reacts closely to the descending trendline drawn from the highs. SUI remains below that line, which keeps pressure intact. A clean move above it would signal structural repair, yet no such move has appeared so far.

Crypto Patel outlines clear levels that frame the current SUI price outlook. Resistance sits near $1.57 and $2.10. Support rests at $0.78, with deeper protection near $0.46. These zones act as checkpoints rather than predictions.

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The post SUI Price Is Down 80%: Price Nears Level Bulls Cannot Afford to Lose appeared first on CaptainAltcoin.