Sui Network Mainnet Outage Halts Transactions

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: May 28 2026

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Network Outage Impact: On May 28, a major outage on the Sui network's mainnet forced users and developers to suspend transactions, causing the SUI token price to drop to $0.93 and test the critical support level around $0.90, reflecting market concerns over network stability.
User Confidence Eroded: The Sui Core team confirmed the network halt without providing a timeframe for normal operations, leading to uncertainty for users and blockchain applications, which could undermine confidence in decentralized applications and token transfers.
Ongoing Price Pressure: The SUI token failed to sustain above $1.10 and is currently hovering in the $0.90-$0.92 support range, facing renewed selling pressure, with analysts warning that a drop below $0.90 could push the price further down to $0.85.
Weak Technical Indicators: The relative strength index (RSI) sits at 39, indicating weak momentum, while the MACD shows seller control, prompting investors to monitor SUI's ability to hold support levels amid ongoing technical challenges to gauge future price dynamics.

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Technical Analysis for SUI

Technical Sentiment Analysis for Sui (SUI). As of , Sui (SUI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SUI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, SUI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Sui (SUI) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.478	0.57	0.66	0.752	0.843	0.934	1.025
Fibonacci	0.57	0.64	0.683	0.752	0.822	0.865	0.934

About SUI

Sui is a groundbreaking layer-1 blockchain platform designed to support the needs of global adoption by offering a secure, powerful, and scalable development platform. At its core, Sui leverages a novel object-centric data model and the secure Move programming language to address inefficiencies prevalent in existing blockchain architectures.On top of strong technical foundations, Sui prioritizes user experience by eliminating barriers commonly associated with blockchain interactions. Through innovations like zkLogin, sponsored transactions, and programmable transaction blocks, Sui creates a higher standard for user experience within Web3 by ensuring applications are accessible and user-friendly.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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