SUI is currently in a consolidation phase after a short-term pullback
Key levels:
Support level: 3.50 (historical support level tested multiple times)
Resistance level: 3.64 (EMA fast line resistance area)
Short-term trend expectation:
Price is likely to remain within the range of 3.50-3.64, waiting for a directional breakout
Breakout confirmation signals:
Bullish signal: If it breaks through the 3.64 resistance with volume, it may initiate a new upward trend
Bearish signal: If it effectively breaks below the 3.50 support, it may further test the previous low around 3.39