$SUI SUI collapsed to $2.0298, plunging -8.32%, hitting a fresh 24h low of $2.0260 after consistent downward pressure from the $2.23 zone.

Key Details:

24h High: $2.2344

24h Low: $2.0260

Current Price Drop: Roughly -$0.23 from recent peak

24h Volume: 220.32M SUI / $469.29M USDT

What Likely Happened?

Distribution at the $2.22–$2.30 range

Continuous lower highs and no bullish engulfing signs

Volume dried up during pullbacks – no buyer strength

Confidence Breakdown:

Straight line decline with no rebound

Critical support zones lost back-to-back

Panic selling evident

Outlook:

Short-Term: Watch $1.90 psychological level

Mid-Term: Bearish trend unless $2.00 is reclaimed

Sentiment: Bearish, cautious dip-buying only below $2.00 with confirmation

Final Note: Avoid forced entries—wait for structure reversal or $2.00 defense to step in smartly.

Trade here on

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