SUI Price Plunges Below $0.67 Support as Analysts Eye Next Key Zone

SUI has lost its support level at $0.67 after dropping 3.11% in value to $0.6552.

Crypto analyst BitGuru had previously noted this breakdown on August 18, pointing out that the token slipped from $0.67 to $0.65, a trend that continues as it now trades below its lower Bollinger Band of $0.66254.

The zone between $0.642 and $0.65 is now critical for SUI's next move, with BitGuru suggesting that if buyers defend this area, the token could rebound towards $0.68-$0.69.

However, a drop below $0.642 without a quick recovery could send SUI toward $0.62 next.