SUI is showing early signs of stabilization after a period of strong selling activity. The token is currently consolidating near the key levels that have been providingSUI is showing early signs of stabilization after a period of strong selling activity. The token is currently consolidating near the key levels that have been providing

SUI Stabilizes Near Key Support as Selling Pressure Shows Signs of Slowing

2026/02/12 02:00
2 min read

SUI is showing early signs of stabilization after a period of strong selling activity. The token is currently consolidating near the key levels that have been providing support. This is an early sign that the rate of selling is slowing down. Analysts are watching the token’s performance near these levels.

At press time, SUI is trading at $0.9045, with a 24-hour trading volume of $577.83 million and a market capitalization of $3.48 billion, according to CoinMarketCap. Over the last 24 hours, the token has declined 3.45%, continuing the downward trend from recent weeks.

image.pngSource: CoinMarketCap

SUI Slows Downtrend Amid Consolidation

On February 11, 2026, crypto analyst BitGuru wrote that while SUI is still in a downtrend, it is slowing down. The token is currently consolidating within a tight range, which could be a sign that it is losing steam.

image.pngSource: X

In general, periods of consolidation after a significant sell-off often signal a potential bounce, provided that buyers can push through resistance levels.

Also Read | LayerZero’s (ZRO) Eyes $2.60 After Reclaiming Crucial Support Level

SUI Tests Crucial Support Zone

To add to this optimism, another analyst, Whale Fector, pointed out that SUI is showing investors an “ideal” example of market structure, with the token falling from the $5.00 resistance level and reaching a foundational support zone, which was the launchpad for SUI’s 2024 rally.

image.pngSource: X

As Whale Fector put it, this zone is “crucial” for investors as it will dictate their next move with the token. There are now two scenarios that could play out with the token: one where it bounces off the support level, leading to a trend reversal and creating the right environment for the asset to gain upward momentum.

If the support level does not work out as expected, the price of the asset could plunge even further; this is what’s known as the “max pain” scenario in crypto circles.

Though the overall crypto market is volatile, the current trend of SUI emphasizes the significance of technical levels. Investors seeking opportunities must be on the lookout to invest if the price shows positive momentum in its major supporting areas. It is advisable to be patient to reap the benefits of the upcoming trend of the token.

Also Read | Bitcoin ETF Massive Shock: Goldman Cuts Holdings 40%

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