Sui share price crash: traders hope for change in the fight for support!

Sui share price crash: traders hope for change in the fight for support!

As of October 4, 2025, the price of Sui is $3.13, down 18% in a week. This price cut is accompanied by higher trading activity as spot trading volume increased by 46% to $1.66 billion in the last 24 hours. At the same time, futures trading volume increased by 23% to $7.48 billion, indicating growing interest from traders, although open interest in the futures market fell by 4.4%. This fact suggests cautious positioning by traders, perhaps taking into account the current market situation.

In the last 24 hours, Sui has fallen 3.5% and is down 10% over 30 days. Current technical analysis shows Sui trading near the lower Bollinger Band, indicating an oversold condition. The Relative Strength Index (RSI) is at 38, which also suggests near the oversold zone. Combined with key moving averages (SMAs) and exponential moving averages (EMAs) indicating sell signals, the market environment remains challenging. A critical support for the price of Sui is located at $3.10; A push below this level could target a target range of $2.90 to $3.00.

New partnerships and developments

Amid these volatile price movements, Sui has announced several new partnerships that could have the potential to strengthen its position in the market. This includes T’order, the leading table ordering platform in South Korea, which processes $4.3 billion annually and serves 35 million users. This integration will include a KRW-backed stablecoin, promoting the use of cryptocurrencies in everyday payments.

Another notable alliance is CUDIS Wellness, which focuses on AI-powered smart rings and health data management on the blockchain. In addition, Sui has also initiated a collaboration with Google AI to implement the Agentic Payments Protocol, intended for DeFi, IoT and enterprise automation. These strategic partnerships could prove crucial to the future development of the Sui ecosystem and expand usage options for users.

In summary, the current market for Sui presents both challenges and opportunities. While the crypto market as a whole is in a difficult environment, the new partnerships and increased trading volume could indicate impending potential for recovery. Traders and investors will continue to closely monitor price developments and general market conditions to determine appropriate trading strategies.

For more details on Sui's market development and technical analysis, please visit Crypto News.