$SUI is currently trading around $1.80, positioning itself as a high-beta recovery play for aggressive traders. It has experienced sharp volatility, often moving in tandem with Solana but with more exaggerated swings. The current chart shows a "flush out" of long positions, with the price sitting just above a primary support zone. If the market stabilizes, SUI is a prime candidate for a V-shaped bounce due to its lighter order book and strong technical demand at lower levels. Resistance is seen at $2.10, while a drop below $1.70 would invalidate the current recovery thesis. It remains a high-risk, high-reward option.

SUI
SUIUSDT
1.1961
-2.01%