Sui (SUI) May Experience Further Decline: Important Fractal Breakdown Indicates Possible Downward Trend
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 22 2025
Market Volatility: The cryptocurrency market is experiencing volatility, with Bitcoin and Ethereum trading lower, impacting altcoins like Sui (SUI), which has dropped 2.95% today and 12% over the week.
Bearish Fractal Setup: SUI is showing a bearish fractal pattern on its daily chart, indicating potential further declines after failing to maintain above key moving averages.
Support Levels: The next significant support for SUI is around $2.80, suggesting a possible 16% decline from current prices if the downward trend continues.
Impact of Jackson Hole Event: The outcome of Fed Chair Powell's speech at the Jackson Hole event could influence SUI's trajectory, with a dovish tone potentially offering relief, while a hawkish stance may exacerbate bearish trends.
About the author
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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.
