$SUI

🧠 SUI on April 28, the bulls tried to break through the resistance level of $3.90, but the bears put up a stance of "you shall not pass," firmly guarding against the breakthrough.

❌ What do the bears want?

The bears not only held their ground but also aimed to pull SUI back below $3.14 (38.2% Fibonacci retracement).

If this step is successful, it could slide all the way down to the 20-day moving average near $2.96, putting immense pressure on the bulls!

✅ Can the bulls still do it?

But if SUI suddenly reverses upward from this position, the bulls will launch another fierce attack, targeting the significant level of $3.90.

As long as the breakthrough occurs, it will be a victorious turnaround, opening up to $4.36 above, and even challenging the space of $5!