$SUI surged after breaking above the 50-day simple moving average ($3.10) on July 10.

The upward movement has reached near the upper resistance of $4.30, where sellers are expected to mount a strong defense. There is support at $3.81 and then at the 20-day exponential moving average ($3.37). If the price rebounds at the 20-day EMA, the bulls will attempt once again to push the SUI/USDT pair above $4.30. If they succeed, the pair could rise to $5 and eventually to $5.37.