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SUI price drops amid network outages and fresh token supply, signaling weak market confidence.

Technical Signals
31 May 2026
AMBCrypto
View Source
Bearish
pluang ai news

SUI remains in a long-term downtrend, recently falling below key support levels and trading near $0.86–$0.90. Network outages in May and June have shaken investor confidence, causing sharp price declines and raising concerns about the coin's infrastructure reliability. Additionally, a large token unlock on June 1 is expected to increase supply, further pressuring the price. Until SUI reclaims $1.00 and forms higher lows, bearish sentiment is likely to persist.

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