SUI Price Plummets 15%, Breaks Key Support at $2.30

The SUI cryptocurrency has experienced a dramatic 15.1% drop, plummeting to $2.30 after breaking out of its long-term bearish wedge pattern. This decline comes amid increased volatility and selling pressure, leading to a sharp decrease in the token’s value. Analysts attribute this move to the recent failed attempts at trading above the $3.50 level, which now acts as key support for short-term price stability.