Sui’s 33.4% crash in a week triggers oversold RSI below 31. With a shift in market structure, the altcoin battles at $1.71 support after plummeting from $2.72 to $1.79. Traders watch for potential bearish pressure at the $1.50 psychological level.

Sui’s price action tells a story of broken promises this week. The token plunged 25.5% to $2.09 after Bybit’s report exposed SUI’s ability to freeze user funds – a revelation that struck at the heart of crypto’s decentralization ethos. This devastating drop erased nearly half of SUI’s value from its $3.00 monthly high, leaving traders scrambling to reassess their positions. The primary question facing traders: can the Bluefin partnership’s $4.32M vote of confidence offset the damage to SUI’s reputation?