SUI Price Plunges 21% This Week: Will Bulls Hold the Line?

The SUI price has faced significant bearish pressure this week, crashing by 21% and breaking through a key support level. Despite this downturn, some traders remain bullish, believing the cryptocurrency can rebound. The crucial level to watch is $1.45. If SUI fails to hold above this level, further downward pressure could be expected.

However, if the bulls can manage to defend the $1.45 support, it could signal a potential reversal and a return to bullish momentum. Traders are closely monitoring the market to see how SUI reacts to this recent price drop.