Sui (SUI) Shows Potential Reversal Setup – Could It Bounce Back?

The cryptocurrency market experienced a significant pullback this week, causing major tokens to fall. Bitcoin (BTC) briefly dipped below $103,000, and Ethereum (ETH) slipped to around $2,580, both retreating from recent highs. This correction has also impacted altcoins, with Sui (SUI) experiencing a notable drop over the past week. 4-hour charts reveal that after dropping more than 13%, SUI has lost all its monthly gains.