SUI Price Drops Below $2 Support Level Amid High Trading Volume and Potential Reversal Pattern

The SUI cryptocurrency has experienced a significant price decline, falling below the crucial $2.00 support level. This downward movement coincides with a substantial spike in trading volume across major exchanges. Market analysts are closely monitoring the situation as traders identify potential reversal patterns that could indicate future price direction. Technical indicators suggest increased volatility in the SUI market, with many investors watching for confirmation of either continued bearish momentum or a possible trend reversal. The breach of this key psychological support level has triggered stop-loss orders and increased selling pressure in the short term.