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SUI price drops below $1, eyeing key support at $0.929 amid ongoing selling pressure.

Technical Signals
18 Oct 2026
Blockonomi
View Source
Bearish
SUI price drops below $1, eyeing key support at $0.929 amid ongoing selling pressure.

SUI is trading near $0.98, down 2.74% in 24 hours and 10.74% over the week, reflecting continued selling pressure in the altcoin market. Technical analysts highlight $0.929 as the next critical support within a descending wedge pattern, with further downside support between $0.85 and $0.86. For a bullish reversal, SUI must reclaim resistance levels at $1.04 and $1.34, with higher targets above $2.35 and $3.92 in the longer term. The immediate focus remains on whether buyers can defend support or if prices will fall further.

Following the recent price drop discussed in the article, SUI is trading at Rp17,586 on Pluang as of Oct 18, 2026, 14:41 WIB, down 2.71% in the last day. The market shows active selling pressure with 58% of orders as sell and a circulating supply of 4.1 billion SUI tokens, representing 42% of the total supply. Typical hold time for SUI on Pluang is 39 days, indicating moderate investor engagement.

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