How a drop to $2 for SUI could precede a rally on the charts? – BitRss

• SUI ($3.07) flashing a similar pattern as the one back in April 2024 suggested it could drop before a clear reversal
• SUI hit $61 billion in total DEX volume, up by 18.89% in the last 30 days

SUI’s price action, at press time, resembled a historical pattern last observed back in April 2024, hinting at potential future price movements. In fact, SUI seemed to be testing a crucial support level near $3, similar to its historical behavior when it once approached and then rebounded from this threshold.

Analyzing SUI underlined a sharp hike followed by a gradual decline, forming a pattern that hinted at volatility with significant upward and downward movements.

If the price of SUI follows the historical pattern, it might dip towards $2 or lower &n…