SUI is currently testing the $1.90–$2.00 support zone as bearish momentum increases, raising concerns about a potential breakdown in its bullish structure. Despite a 56.5% surge in total value locked (TVL) over the past 24 hours and DEX volumes surpassing $10 billion in October, the price remains at a critical inflection point. Analysts caution that a breakdown could lead to a retest of lower support levels, potentially targeting the $1.40–$1.20 range or even the $0.70–$0.79 Fibonacci confluence zone. While 84% of traders maintain a bullish outlook, the current structural weakness and euphoric market conditions suggest a heightened risk of a sudden reversal.