$SUI
🚀 SUI has recently reached a critical juncture where we can take it easy and just go for it!
Currently, SUI is battling pressure around $3.90,
but the good news is —
the pullback is very small, indicating that the bulls aren't planning to run away,
they are still holding the line, and the momentum is still there!
💥 How to proceed next? Here’s the key point:
As long as the price stays above $3 (38.2% Fibonacci retracement level),
the bulls will organize a second attack, ready to push hard against $3.90!
Once we break through $3.90,
brothers, we will directly take off to $4.25,
and then aim for the big $5 mark, this wave has great potential! 🔥
🛑 But be careful! What if we can't hold?
If we fall below $3,
then we need to be cautious,
the price might drop to $2.94 (50% retracement level),
even test the 20-day moving average support (around $2.8).
This area will see bulls fighting hard to defend, worth paying close attention to!
⏰ Let’s take a look at the 4-hour chart, the current situation:
Currently, SUI has stabilized around the 20-day moving average,
indicating that there are brothers catching the dip and supporting!
However, there are also active bears above, with significant selling pressure.
The bears are trying hard to push the price back below the 20-day moving average.
Once successful, the price might retrace to around $3.14.
🔵 If the bulls hold strong and pull the price back above the $3.81-$3.90 range,
then we will truly start a new sprint,
targeting $4.25 in the short term and challenging $5 in the long term! 🔥
🧠 To summarize:
Holding above $3 = Attacking $3.90, targeting $4.25 or even $5 🚀
Falling below $3 = Deep squat and consolidation, defending the $2.94-$2.8 range ⚡
4-hour chart stabilizing above the 20-day moving average = Maintaining bullish momentum
Breaking through $3.81-$3.90 = Starting point for a new round of increase! 🎯
Brothers, SUI is currently in a difficult position,
but opportunities often arise in such tense moments!
The battle between bulls and bears is about to determine the winner,
grab your popcorn, keep a close eye on the price,
and get ready to witness the next big move! 🍿🔥