SUI is following the broader altcoin market and entering a correction phase. As shown in the chart, SUI has already broken through two key support levels and is now hovering just above a critical support at $2.95.
If this level fails to hold, the next major support lies within my green box at $2.20 — which could present a strong buying opportunity.
However, proper risk management is essential — make sure to place your stop losses accordingly.
DYOR (Do Your Own Research).
