SUI reached an all-time high (ATH) a week ago, signaling a potential top for the cryptocurrency. The market is closely watching the cryptocurrency’s movement to identify the next bottom, which will serve as a vital entry point for traders and investors.
This crucial level could help SUI outperform its notable competitors, such as Litecoin and NEAR. Current analyses highlight the importance of maintaining a focus on the $2.40 level, which is viewed as a key point in SUI’s price trajectory.