SUI faces EMA 50, 100, and 200 confluence resistance
Bullish flag breakout signals a potential $5 rally
Traders eye a clean break above flag for entry
When multiple exponential moving averages (EMA 50, 100, 200) align in the same price zone, they create a strong resistance wall. For SUI, these EMAs have converged just below the flag’s upper trendline. This overlapping technical area means bulls need solid momentum to push higher.
The Bullish Flag Setup
A bullish flag features a sharp move up (flagpole), followed by a tight, downward-sloping consolidation channel (flag). When price breaks above the flag’s top, it usually sets the stage for a move equal to the pole’s height. In SUI’s case, the pole began from its recent low to the pre-consolidation high—projecting a clear path toward $5.
Why $5 Is the Next Target
If SUI breaks above the flag and clears the EMA confluence, the next major resistance is around $5. This aligns with the flag-pole measurement and is enhanced by psychological round-number appeal. A breakout trade here could offer a rewarding risk-to-reward ratio, especially if stop-loss is placed just under the flag’s lower boundary.
#SUI is testing the resistance confluence of EMA 50 + EMA 100 + EMA 200 + resistance of the Bullish Flag
Rally to 5$ is an easy trade imo – [Bull Flag Target]$SUI pic.twitter.com/SFAJw4oa9G
— Alex Clay (@cryptclay) July 3, 2025
Suggested Trade Plan
EntryStop-LossTargetAbove flag break (~EMAs zone)Below flag lower trendline$5 (~flag-pole projection)
Wait for a decisive daily close above all three EMAs and the flag’s upper resistance. That confirmation boosts the odds of a sustained rally. But keep in mind—if price gets rejected at this confluence, SUI may retest the flag’s lower support.
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