The fact that SUI is currently trading at $0.8284 also suggests that its continued decline could test the support level at $0.77. There is also talk that this level, which has acted as support in the past, could trigger a comeback.
Additionally, in case SUI can move up, the price could also consolidate below $0.89. Of course, it should not be forgotten that this scenario would occur if the SUI price remains above the $0.77 support level.
On the other hand, if the bearish move gains more strength, it could also push the altcoin below the above-mentioned support level. This scenario could invalidate other scenarios and start a move towards $0.70.
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