<h2 id="three-things-to-know">Three Things to Know</h2>
<ul>
 <li>SUI has stalled in a tight range after the Binance hack, and a likely December Fed hike now hangs over sentiment.</li>
 <li>Momentum is quietly improving, yet both long-term moving averages still cap every bounce.</li>
 <li>The old third-quarter ceiling near $0.84 is now the floor bulls cannot afford to lose.</li>
</ul>
<p>SUI has gone quiet since the Binance breach knocked it lower.</p>
<p>The timing hurts. SUI gave back much of its summer rally in October, and leveraged bets are stacked on both sides of the price. Traders face one question this week. Will short sellers get squeezed first, or will a macro shock flush out the longs?</p>
<h2 id="binance-hack-and-fed-hike-fears-pin-sui-under-0-95">Binance Hack and Fed Hike Fears Pin SUI Under $0.95</h2>
<p>SUI slid about 10% after the Binance hack and has since settled into a tight range near $0.90. Traders are holding back. The exchange breach, the U.S. midterms and fragile geopolitics have kept risk appetite thin across crypto. A likely Fed rate hike in December could deliver the next blow.</p>
<p>The pullback stings because of how strong the third quarter was. SUI doubled from $0.63 to nearly $1.3 in September. October then wiped out more than half of that run, and fourth-quarter losses now stand near 34%.</p>
<p>Derivatives positioning shows pressure on both sides. CoinGlass liquidation maps place short liquidity pools between $0.91 and $0.97. Long pools cluster from $0.77 to $0.82. A push in either direction could trigger forced selling or buying.</p>
<p>Some of that fuel has already burned. SUI traded near $0.94 on Binance spot on Nov 4, when about $510,000 in shorts were liquidated within one hour.</p>
<h2 id="both-long-term-averages-now-sit-overhead">Both Long-Term Averages Now Sit Overhead</h2>
<p>Sui (SUI) daily price with the nearest support (green) and resistance (red). Source: TradingView</p>
<p>SUI trades near $0.92, and both of its long-term moving averages sit above that price. A moving average smooths out daily swings to show the underlying trend. The 50-day tracks the past few months. The 200-day tracks most of the past year. When price sits under both, the averages tend to act as a ceiling.</p>
<p>The two lines are only a few cents apart. They form a narrow, crowded band of resistance, and recent bounces have stalled there.</p>
<p>Recent losses explain the hesitation. SUI has lost about 24% over the past 30 days. The past week looks far calmer, with a dip of about 2%. Selling has slowed sharply, but buyers have yet to turn it around. A flat week after a heavy month often signals exhaustion, though it can also be a pause before another leg lower.</p>
<p>Bulls need a decisive move back above both averages to confirm a strong uptrend. That band overlaps the short liquidity pool flagged on the liquidation maps, and the 200-day sits right at its upper edge. A push into that area could force short sellers to buy back their positions, which would add fuel to any rally. Until price closes above it, the averages keep the upside capped.</p>
<h3 id="sellers-lead-but-their-grip-is-loosening">Sellers Lead but Their Grip Is Loosening</h3>
<p>The Relative Strength Index (RSI), a 0 to 100 gauge of momentum, reads about 45 on the daily chart. That sits in neutral territory. SUI is neither oversold nor overheated, so the indicator leaves room for a move in either direction.</p>
<p>Momentum has started to shift. The MACD, which compares short and longer-term price trends, has crossed above its signal line. That crossover suggests the selling pressure from October is fading and buyers are slowly regaining some footing.</p>
<p>Trend strength tells a more cautious story. The directional readings show a trend beginning to form, and sellers are the ones driving it. Bears still hold the edge, even if their push has lost speed.</p>
<p>The market looks like it is catching its breath, and the bounce has yet to prove it can last.</p>
<h3 id="0-84-becomes-the-line-bulls-must-hold">$0.84 Becomes the Line Bulls Must Hold</h3>
<p>SUI's most important level sits below the current price. That level capped every rally during the third quarter. Now that price has broken above it, the old ceiling serves as the floor bulls must defend.</p>
<p>Losing that floor would send SUI back into its Q3 range, which bottomed at $0.66. The long liquidity pools sit just under it, so a break could trigger forced selling and speed up the drop. The first likely stop is near $0.75. Beyond that, the next chart support sits near $0.71. A slide that deep would mean a loss of about 21% from current levels.</p>
<p>On the upside, $1.00 is the first real test. That round number sits just above both moving averages. A daily close above it would flip the structure in favor of buyers. The next resistance waits near $1.06.</p>
<h2 id="what-breaks-first-in-the-next-72-hours">What Breaks First in the Next 72 Hours</h2>
<p>The next three days hinge on whether shorts or longs get squeezed first.</p>
<ul>
 <li>Bullish: A daily close above the 50-day average would push price into the short liquidity pool. Forced buybacks could then carry SUI toward the round-number test overhead. The setup fails if price drops back below the old Q3 ceiling.</li>
 <li>Bearish: A hawkish tone from Fed officials could knock SUI through that Q3 ceiling. Long liquidations would then pull it toward the next chart support. A reclaim of the 200-day average would cancel this view.</li>
</ul>
<h2 id="neutral-with-a-defensive-bias">Neutral With a Defensive Bias</h2>
<p>SUI looks like a hold-the-line trade for now. Neutral momentum and a fading selloff give bulls a chance, yet the two long-term averages still cap every bounce. Buyers have little reason to chase until price reclaims that band.</p>
<p>Macro remains the main threat. Another exchange shock or a December hike could break the Q3 ceiling and set off the long liquidation cascade below it.</p>
<p>Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.</p>
<p>Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.</p>

Sui Price Prediction: A December Fed Rate Hike Could Push It Below $0.84

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