SUI price fell sharply from $1.01 to $0.81 over the past four days, marking a significant 20% loss. During this period, Bitcoin wavered around $60000, contributing to the overall market consolidation that has been affecting SUI holders.
This market environment may continue to present challenges for SUI if high momentum downfalls persist. However, there is potential for buyers to capitalize on the current situation and drive a substantial rally in the SUI price soon.
Signs are pointing towards a possible comeback to the $1 mark, offering renewed optimism for investors and stakeholders in the SUI market.
Despite the recent decline, the prospects for a significant 40% rally appear to be on the horizon, contingent on market conditions and investor sentiment.