SUI Price Navigates Uncertain Waters: Will It Break Through or Dip Further?

The Sui price has experienced a notable downturn over the last 24 hours, plummeting by 7.07% to settle at $3.72. This follows a dramatic 67.90% monthly surge, leaving investors and traders seeking answers regarding SUI’s future trajectory. While fundamentals remain strong with recent developments like the Axelar Bridge integration and Binance Alpha integration, questions linger about whether this downward trend signals a pause before a breakout to new all-time highs or if it marks the beginning of a deeper decline. This analysis investigates potential reasons for the price slump and explores possible price targets.