According to CoinMeta, SUI fell by 3.41% on November 12 and is now trading at around $0.7943, breaking below the support level of $0.8060. The wallet Suiet has confirmed that it will cease maintenance services on November 14. Since the end of September, the price of SUI has fallen by approximately 39%. This closure of the wallet has raised doubts about whether companies that build user tools on SUI will be able to cover their costs. SUI has been forming lower highs and lows within a descending channel since September, with earlier rebounds being sold off at the boundaries of the channel. The current 14-day RSI indicator is at 35, indicating that sellers are in the dominant position. Suiet is a self-hosted wallet; users hold their own private keys, and no assets will be frozen or transferred after it is closed. The team advises users to confirm their staking and DeFi positions before uninstalling the wallet.