$SUI ’s Next Stop: $5 🚀 – Here’s Why 🔍

SUI is gaining momentum as interest in altcoins grows, and it could soon break above $4.30 💥, setting the stage for a rally towards $5 🤑.

Bitcoin (BTC) has been consolidating after its ATH of $123,218 📉. Despite this, BTC’s dominance is slipping, indicating a shift in market focus towards altcoins like SUI 🌟.

SUI Price Prediction 📊

SUI picked up steam after breaking the 50-day SMA at $3.10 on July 10 🏁. The price is now nearing strong resistance at $4.30 🔴, but there’s support at $3.81 and the 20-day EMA at $3.37 💪.

If SUI rebounds from the 20-day EMA, a push past $4.30 could trigger a move to $5 🏆 and even $5.37 💥. However, if the price dips below the 20-day EMA, it could suggest weakening momentum, with a potential drop back to the 50-day SMA 📉.

4-Hour Chart Analysis 🕒

SUI completed a bullish inverse head-and-shoulders pattern, signaling positive sentiment 📈. The 20-EMA bounce on the 4-hour chart indicates continued upward pressure 💥, with $4.30 acting as major resistance 🛑. If SUI falls below $3.55, the trend could reverse, dropping to $3.30 and possibly $3 💀.

🔮 Altseason and SUI's Potential

As Bitcoin’s dominance fades, SUI might be one of the big winners in the coming altcoin season 🔥. Keep an eye on market movements and resistance levels, as the next few days could set the stage for significant gains 📈.

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