The Sui token has experienced a 23% drop in valuation after reaching a new all-time high.Technical indicators suggest increased selling pressure for SUI in the crypto market.If bullish momentum returns, SUI may retest its resistance level of $1.9750 and potentially reach its ATH of $2.36.However, if bearish sentiment intensifies, SUI could retest support levels at $1.606 and $1.2375.