Will $3.17 be the Key to SUI’s Breakout?

Sui (SUI) is facing a key test as traders closely watch the $3.17 support level. After struggling to hold above $4 following its Robinhood listing, analysts believe this level could signal a breakout attempt. While recent price fluctuations have been notable, SUI’s long-term fundamentals remain strong. Strong adoption in DeFi, growing institutional backing, and rising market cap all point towards resilience, despite the current retracement.