SUI Tests $0.89 Support as Traders Watch Recovery

SUI returns to its 200-day moving average near $0.89 after breaking above the indicator in September. Perpetual liquidation spikes increased during September and October as leveraged traders faced repeated forced closures during sharp price swings. Holding $0.89 could put $1.00 back in view, while a breakdown may expose lower support. SUI is approaching a crucial technical level, with its latest pullback bringing the 200-day moving av…