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Sui Price Drops 6% Despite Surging Daily Inflows, Is the Correction Over?

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63% Informative

Sui price has been down 6% in the last 24 hours and is trading at $ 1.73 as of 3:52 a.m. EST .

Derivative traders are shifting from bullish to bearish on SUI in the daily timeframe.

Sui outperformed Bitcoin , Solana , Base , and Solana in daily inflows.

Analyst Kyle Chase warns against buying the hype, noting that the price of SUI could still drop another 20% before a bounce occurs.

SUI's price is overall bullish but is currently in a pullback.

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