Cryptocurrency analyst and trader Jason Pizzino warns about the potential collapse of Sui (SUI) if it fails to hold the $2 support level.If SUI drops below $2, there is a possibility of a further decline to $1.60 or lower according to Pizzino.SUI's price movement is compared to a previous pattern indicating a weakening trend and the risk of a substantial pullback.Despite recent gains, SUI's future performance depends on its ability to sustain above $2 and break the historical pattern outlined by Pizzino.