#SUI trading at $3.76 — Bullish Setup or Bull Trap?

SUI just bounced off the $3.60 support zone, holding above the 50 EMA on the 4H chart — a key short-term bullish sign. RSI is rising from 48, showing renewed strength, and MACD is close to a bullish crossover.

If bulls push past $3.85 resistance, we could see a move toward $4.10, aligning with the previous local high. But failure to hold $3.60 could open doors to $3.35, the 0.5 Fib level.

SUI’s correlation with #BTC remains strong — if Bitcoin stays above $66K, this alt may continue its upward grind.

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