$SUI

🟠 SUI's recent movements are quite interesting, and it is attempting to rebound from the 20-day moving average (3.09 USD), which indicates a key signal: buying interest is starting to emerge at lower levels!

✅ The bulls may be gearing up for a push!

The 20-day moving average is slightly rising, and the RSI is also in a positive range, creating a bullish outlook;

The bulls have a clear target: first aim for 3.90 USD, which is an important resistance;

If the breakout is successful and holds, then it will accelerate:

First looking at 4.25 USD,

Then possibly directly challenging the 5 USD mark!

⚠️ The risks are significant! Don't forget the bears are also watching!

If the price can't break through or turns around halfway during a rebound, once it loses the 20-day moving average, caution is warranted:

It may first drop to 2.86 USD,

Then possibly down to the 50-day moving average of 2.57 USD.