Yigit Taha OZTURK 
In recent analysis, we warned that a break below $4.01 in SUI could trigger a drop toward $3.83. That scenario played out swiftly, with the price even dipping below the target to reach $3.78. Now, market attention shifts to whether this level can hold the line.
Why $3.78 Is the Key Level Right Now
The $3.78 support is now acting as a potential pivot point. A successful defense here could lead to renewed upward momentum for SUI. However, if bears continue to dominate and push the price lower, another leg down may follow.
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Analysts warn that a loss of the $3.78 level may result in a further decline toward $3.21, posing nearly a 15% downside risk.
Traders Advised to Stay Alert
With volatility still elevated, maintaining proper risk management is essential. SUI has shown sensitivity to both news and technical levels in recent sessions, reinforcing the need for cautious positioning.
Traders should closely monitor the $3.78 and $3.21 zones as they could define the short-term direction of this altcoin.
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