SUI Down 6%, But Analysts Say $7 Is Coming

Description

TL;DR SUI falls to $3.81 after heavy liquidations, yet technical charts point toward higher price targets. Breakout above $3.57 Fibonacci level confirms support, setting the stage for a possible move toward $7. Analyst projects climb to $4.90, brief pullback, then surge to $6.90–$7.00 in the coming weeks. Price Drop Follows Liquidations Sui (SUI) traded at $3.81 after falling 6% in the past day, with $1.56 billion in turnover. The move came after a wave of liquidations hit leveraged positions ac...