📉 1. Price Adjustment – Favorable Entry Point

• On June 13, SUI dropped nearly 13% from around ~$3.34 to a low of ~$2.96, but then recovered to ~$3.02 thanks to buying support at the $3.00 level  .

• This price drop could be a “dip” buying opportunity, anticipating a recovery as market sentiment improves.

⚙️ 2. Selling Pressure – Reflected in the Price

• There is an unlock of about 44 million tokens (~$140M) each month, creating supply pressure . However, the recent correction has already reflected the market's reaction to this unlock.

• If support around $3 remains strong, that pressure could ease – paving the way for a new upward trend.

🔼 3. Bullish Technical Signals

• CoinCodex predicts SUI could reach $2.67 next week (+6% from the current ~$2.52 base) .

• CoinSpeaker emphasizes that SUI created a “bullish cross” after Nasdaq filed for a SUI spot ETF – this is a positive technical signal .

• CoinCentral and experts have mentioned the “falling wedge breakout” pattern, with a short-term target potentially reaching $7 .

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🧭 Strategic Assessment

• Accumulating purchases today around $3.00–$3.05 helps reduce the risk of encountering a deep correction as the price is moving close to significant support levels.

• Short-term target: recovery back to the $3.30–$3.50 range; if it breaks through the $3.50–$3.60 level, it could trigger a new upward wave.

• Careful observation: if the $2.95–$2.97 threshold is lost, the possibility of a deeper correction exists. At that point, it is necessary to assess the recovery potential around $2.80–$2.90.

• Safe strategy: use the “dollar-cost averaging” method to buy multiple times, avoiding placing everything at one price point.