SUI is consolidating, the direction of choice is just around the corner!

SUI has been fluctuating between $4.25 and $3.90 for the past few days, with bulls and bears in a stalemate, as if gathering strength for the next big market movement.

If it breaks through $4.25, the target is $5.

Once it effectively breaks through $4.25, it may rapidly rise in the short term, with the first target at $5, and if strong, it may even challenge the previous high of $5.37. However, it should be noted that the $5 to $5.37 area is a strong resistance zone, and it will not be easy to break through all at once in the short term.

If it falls below $3.90, watch for support at $3.60.

If it loses $3.90, it may enter a correction, with the support level near the 20-day moving average (approximately $3.60). This is a critical short-term defense line for the bulls, and whether it can hold is very crucial.

If SUI stabilizes and rebounds at $3.60, it indicates that the bulls are still in play, and there will still be opportunities to challenge $4.25, or even break through again.