$SUI price prediction

Sui  pulled back to the 20-day EMA ($3.62) on May 15, but the long tail on the candlestick shows solid buying at lower levels.


Both moving averages are sloping up, and the RSI is in the positive territory, indicating that bulls have the upper hand. The buyers will try to resume the up move by pushing the price above the $4.25 resistance. If they can pull it off, the SUI/USDT pair could soar to $5. Sellers are expected to pose a strong challenge in the $5 to $5.37 zone.

Contrary to this assumption, if the price turns down and breaks below the 20-day EMA, it suggests that the bulls are booking profits. That may pull the pair down to $3.12.

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