The cryptocurrency SUI has garnered significant attention with its recent price surge, attracting traders and investors alike. However, despite the uptick in value, a significant percentage of traders are anticipating a potential decline. This caution stems from broader market sentiment and technical price levels that influence trading decisions.
Currently, market analysts predict that if SUI fails to maintain its price above the critical threshold of $2.2, it could experience a substantial 20% drop. This level has been identified as a crucial support point where further bearish movements could escalate losses for those holding long positions in SUI.
