SUI crypto’s 26% drop sparks bottom calls – Is a ‘short‑term bounce’ next?

Sui [SUI] crypto token was trading at $0.7799 as of writing, after a drop of 4.6% in the past 24 hours. In fact, in just one month the altcoin has fallen by over 26%, which has raised eyebrows across the community. However, the SUI Community has taken this drop from an optimistic lens and suggested that SUI’s price may be nearing its bottom. They argue that sell-side liquidity, such as stop-loss orders, is piling up just below the low range. Their theory, based on Wyckoff-style analysis, is that price may briefly dip below the range to trigger those orders, then reverse sharply upward and break out. Hence, they added, If the candles break lower, we could see a short‑term bounce back soon.

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