SUI Holds Above $0.84 After Sharp Decline

The cryptocurrency SUI is attempting to stabilize after a decline amid a general sell-off of digital assets. In an analysis by AMBCrypto dated November 4, 2026, the key support level is identified at $0.84. Losing this level could increase selling pressure, while a return above $0.95 would improve the short-term technical outlook.

In September, SUI rose from approximately $0.63 to nearly $1.30, but in October, it lost a significant portion of this gain. Following reports of a Binance hack, the token further declined by about 10%. As of November 4, prices fluctuated around $0.90 and at times exceeded this mark, so it is premature to speak of a consolidation below it.

Key Levels Highlighted by Analysts

The $0.84 area previously acted as resistance and is now considered potential support. According to AMBCrypto, holding this level could create conditions for recovery, but a stronger sign of improved sentiment would be SUI consolidating above $0.95.

If the price falls below $0.84, analysts suggest a return to the $0.66–0.84 range, where the token traded during the third quarter. An intermediate target is $0.75.

A drop from $0.84 to $0.75 would be about 10.7%, and to $0.66 – approximately 21.4%. The 21% downside risk mentioned in the original analysis is calculated from $0.84, not from the current market price.

What the Liquidation Map Shows

According to CoinGlass data used by AMBCrypto, potential short position liquidation zones were located in the $0.91–0.97 area. If the price rises, the forced closure of such positions could temporarily increase demand for buying SUI.

Below the market, analysts noted a concentration of leveraged long positions in the $0.77–0.82 range. A decline to these levels could be accompanied by additional sales during liquidations.

These levels reflect the market state at the time of analysis and can change quickly. The presence of large position clusters does not mean the price will necessarily reach these levels.

Thus, SUI maintains an uncertain short-term dynamic: holding $0.84 and recovering above $0.95 will be important for assessing demand, while breaking the lower boundary will increase the risk of continued correction.