SUI’s Price Dip Seen as Strategic Buying Opportunity by Top Traders
SUI's price has dropped nearly 20% this week to $3.46 following a 76.27 million token unlock worth $210 million, creating what analysts call a strategic entry point. The sell-off reflects typical post-unlock volatility rather than fundamental weakness.
Michael van de Poppe highlights SUI's retest of a key support level as a potential springboard for recovery. "Market reversals separate resilient ecosystems from weak ones," he notes, positioning sui among assets likely to rebound fastest.
Institutional interest remains steady despite the price drop, with the token maintaining 77% of its July gains. The current consolidation phase mirrors patterns seen before SUI's 300% rally earlier this year.