SUI has dropped 3.4% to $2.53, breaching the critical $2.60 support level as trading volume soared 180% above the 24-hour average. The cryptocurrency's decline is characterized by a pattern of lower highs and lows, with a notable pullback at $2.577 and resistance at $2.66. Despite the increased trading activity, no significant news has emerged to trigger a price recovery. Market participants are now closely monitoring the $2.50 support level, as the broader CoinDesk CD5 index also fell 1.67%, dipping below the $2,000 mark. The current market dynamics suggest cautious sentiment among traders, with attention focused on potential further declines.