Analyst Predicts SUI Price May Drop to $1.6 Due to Bearish Pattern
The SUI price experienced a notable weekly performance but ended with a nearly 5% decline on February 15, 2025. The token is under bearish pressure, with predictions indicating potential further losses.
- Current price of SUI is around $3.4
- Recent high was $5.35 on January 4, 2025
- Potential drop to $1.6 predicted by analyst Ali Martinez
- Technical analysis indicates a head-and-shoulders pattern
- Break below $3 could confirm the downward trend
- Successful close above $3.7 may invalidate bearish setup
The SUI token saw a 10.6% increase over the past week despite current market volatility.
