SUI Price Near $1.78 Amid Persistent Outflows and EMA Resistance

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According to CoinEdition, SUI price is currently trading near $1.78, struggling against a descending trendline and key EMAs. Coinglass data shows $6.61 million in net outflows on November 14, continuing a months-long trend of distribution as traders reduce exposure. SUI has failed to break above the 20 and 50 EMAs, and a close below $1.65 could push the price toward $1.50. The token remains under strong bearish control, with sellers defending the downtrend consistently.

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