Sui (SUI) Falls 4.23% as One-Hour Taker Selling Exceeds Buying Near $1.06 Pivot

Sui (SUI) fell 4.23% over 24 hours to $1.07 on Oct. 13 as one-hour taker selling exceeded buying and futures open interest increased, leaving the token near a $1.06 daily pivot with downside risk.

SUI traded between $0.99 and $1.13 during the period, while Binance spot volume totaled $74.6 million. The token remained just above the $1.06 daily pivot. Support stood at $1.00 and $0.93, while resistance stood at $1.13, $1.20 and $1.27.

Momentum indicators provided limited confirmation. The MACD and signal lines were both 0.0411, leaving the histogram at 0.0000. The 14-period relative strength index was 51.45, while the Stochastic oscillator showed %K at 29.12 and %D at 23.29.

SUI traded below its seven-day simple moving average of $1.08 and its 20-day average of $1.14. It remained above the 50-day simple moving average at $0.93 and the 200-day simple moving average at $0.86.

The latest one-hour taker-flow reading showed a buy-to-sell ratio of 0.7263. Sell volume reached 7.6 million SUI, compared with 5.5 million SUI in buy volume.

Binance futures open interest rose 10.57% over 24 hours to approximately $134.8 million. The eight-hour funding rate was negative 0.0003%.

At 4 a.m. ET (08:00 UTC), global Binance accounts were 65.5% long and 34.5% short. Top-trader accounts were 69.5% long and 30.5% short. These figures describe account positioning and do not establish whether newly opened positions were long or short.

A sustained move below $1.00 would invalidate the bullish support scenario and expose $0.93. A move above $1.14 would be an initial sign that short-term weakness was easing. These levels describe conditional technical scenarios rather than confirmed forecasts.