SUI crypto returns to $0.72 buy zone—But has the sell-off ended?

$SUI has returned to around $0.72, a price area that is believed could attract buyers following the recent price fall of the token.

But the latest chart does not show much evidence that a lasting recovery has begun, and $SUI has already lost much of its August gains and remains vulnerable if support around $0.70 fails.

$SUI crypto revisits an earlier rally zone

$SUI was trading at $0.7224 after losing 0.62% during the latest daily session. It traded as high as $0.7377 before falling back.

The decline followed a brief rally it saw in August that carried $SUI above $0.85. But buyers could not sustain that move, and it has since returned to levels seen before the rally began.

The current chart shows that $SUI has spent much of the past three months moving between around $0.65 and $0.80, despite several attempts to break higher.

Has $SUI found its bottom?

The area around $0.70 is now the closest price to watch and more buying activities have happened near that level since June, making it an important test for the latest pullback.

If $0.70 continues to hold, it could make another attempt at $0.75, but a stronger recovery would require $SUI to move back above the $0.80–$0.85 region, where its August rally stalled.