SUI Tumbles 54% as Stablecoin Inflows Fail to Stem December’s Devastating Drop
SUI trades at $1.52, down 54% from December highs despite $2.4B stablecoin surge. Momentum indicators reset to neutral after extreme oversold plunge below 30. Support architecture builds from $1.28 monthly low as buyers defend key levels.Traders question if stablecoin surge and RWA token launches can provide enough fundamental support to flip the technical structure bullish.