Sui (SUI) has recently dropped below the $3.00 mark, sparking concern among traders. However, it has shown signs of recovery since hitting a low of $2.29 on June 22. This rebound indicates a potential uptrend, but trader sentiment remains cautious as market conditions evolve.

The price action suggests that while there’s room for positivity, traders must remain vigilant amidst fluctuating market dynamics. The coming days will be critical in determining whether SUI can keep its upward momentum or if it will face further corrections.