BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Analysts Highlight SUI as a Prime Buy Opportunity Amid 20% Price Dip
Analysts Highlight SUI as a Prime Buy Opportunity Amid 20% Price Dip
7
1
[TRADE_PLUGIN]SUIUSDT,SUIUSDT[/TRADE_PLUGIN]
SUI News -
SUI's price has dropped nearly 20% this week to $3.46 following a 76.27 million token unlock valued at $210 million. Analysts suggest this sell-off could be an attractive entry point for investors.
Michael van de Poppe points out that sui has hit a crucial support level, where previous resistance might now act as a launchpad. "This pullback is healthy," he stated, describing it as a market reversal phase where robust ecosystems rebound the quickest.
Despite a 23% decline from recent highs of $4.5, institutional interest remains strong. The July rally indicates underlying strength, with traders seeing the current dip as an opportunity to accumulate before the next upward trend.
By:
Previous
PLTR Stock Surges 112% YTD on Record Revenue Milestone
Next
SUI’s Price Dip Seen as Strategic Buying Opportunity by Top Traders
