SUI Token Dip Presents Strategic Buying Opportunity as Market Corrects
The SUI token has dipped 20% to $3.46 following a major token unlock event in August 2025, where 76 million tokens entered the market. This retreat from July's highs NEAR $4.50 is being viewed by analysts as a strategic buying opportunity rather than a trend reversal.
Michael van de Poppe describes the drop as a 'healthy correction,' noting that sui is testing key support levels that previously acted as resistance. 'This is where smart money accumulates,' he states, suggesting current prices offer late entrants a chance to position before the next rally.
Market technicians emphasize the textbook nature of this consolidation during reversal phases. While the $210 million unlock created predictable selling pressure, the project's fundamentals remain strong. Traders are now monitoring for signs of accumulation at these levels.