$SUI SUI recently surged past its 50-day Simple Moving Average (SMA) of around $3.10 on July 10, indicating a bullish turn. It's currently trading within the $3.80 to $4.30 range, facing strong resistance near $4.30 while finding support around its 20-day Exponential Moving Average (EMA), approximately $3.37.

With altcoin season gaining traction and capital shifting from Bitcoin, analysts are optimistic. They anticipate a potential rally to $5 if SUI breaches the $4.30 resistance. Both on-chain and technical indicators remain favorable. However, a dip below the 20-day EMA could open the path to the $3.30–$3.55 support zone.