Will SUI Sink Further? Analysts Weigh In on Bearish Signals After 15% Plunge

The cryptocurrency asset, Sui (SUI), has seen a significant drop of over 15%, reaching as low as $2.77. Daily trading volume surged by 167%. This follows a general market downturn that saw altcoins like SUI experience substantial losses across the board. Analysts now predict further decline for the asset, potentially even breaching its support levels at around $3.00 and $2.80.