SUI Falls 70% to $1.66 as Analysts Track Critical Support Levels

SUI has dropped 70% from its all-time high of $5.35 to $1.66, with analysts identifying the $1 to $1.70 range as a potential accumulation zone following forced liquidations. The decline has been marked by elevated trading volume and selling pressure. Despite the price weakness, ecosystem developments continue, including record DEX volumes on Bluefin and new institutional products.