Today, I saw SUI plummet to $2.74 — a drop of over 14% this month. The chart is nerve-wracking: there's a head-and-shoulders pattern, and if it fails to break through $3.10, the price could dive to $2.20. Honestly, this makes me cautious.
But I'm not panicking. I see SUI's TVL has surpassed $1.8 billion, stablecoin supply has tripled, and the number of active accounts continues to grow — this is proof that the ecosystem is still very much alive.
As a long-term holder, I see this correction as a discount. But I am also ready to stop-loss if it breaks support. The bottom line? I still believe SUI has a future, but now it's time to play smart: buy gradually, monitor the chart, and don't FOMO.
