The price of SUI has seen a major spikes recently, with an increase of over 400% between August and October. However, it has been experiencing a decline, as the price has dipped from around $2.36 to $1.69, a 30% decrease.
However, crypto analyst LAđť•ŹMAN thinks there could be a second chance to buy again before the price recovers and begins to spike again.
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Show more +The analyst emphasizes the importance of timing, pointing out that SUI serves as a perfect example of why one should avoid purchasing during peak hype. Just weeks ago, the coin was being touted as the next $SOL, but now it sits at a lower price, seeing a 30% drop.
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For those who missed the initial surge, the analyst sees this as a chance to enter the market again. He points to two key SUI price levels to watch: $1.54, which he identifies as a potential bounce area, and a buying zone between $1.36 and $1.30.
This analysis suggests that cautious investors could benefit from these levels as they consider their next moves in the SUI market.
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