<ul data-eligibleForWebStory="true"><li>SUI price drops to $2.93, a 4.05% decline after peaking at $4.30 following a 150% surge.</li><li>A $215 million token unlock on June 1 leads to selling pressure and halts bullish momentum for SUI.</li><li>Technical indicators suggest a potential rally for SUI with a 380% upside if the inverse head and shoulders pattern is confirmed.</li><li>SUI's price shows volatility, trading at $2.93 following a 4.05% drop, despite a recent significant price increase.</li><li>Support levels between $3.24–$3.43 are crucial for buyers, with resistance at $3.50. Failure to hold these levels may lead to deeper pullbacks.</li><li>Analysts warn about broader market volatility and emphasize the importance of sustainable demand and ecosystem growth for long-term bullish momentum.</li><li>Cleanwater's analysis suggests SUI is forming an Inverse Head and Shoulders pattern, indicating a potential bullish reversal.</li><li>The market is watching for confirmation of the pattern, with a breakout expected to trigger an upward rally.</li><li>Current price is at $3.04, with anticipation high for bullish signals to drive SUI's price upwards.</li></ul>

SUI Retreats to $2.93 After Bullish Reversal Pattern Fades

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