Noorr

07/31 03:19

Sui price prediction Sui  SUI $3.80  rose abov

Sui price prediction

Sui 

SUI

$3.80

 rose above the $4.30 resistance on Sunday, but the breakout proved to be a bull trap as the price turned down sharply on Monday.01985bf6-dcdf-7fdb-bcfd-ded64aea8aa9.webp

The bears are trying to sustain the price below the 20-day SMA ($3.85). If they do that, the SUI/USDT pair could drop to $3.51. Buyers are expected to fiercely defend the zone between $3.51 and the 50-day SMA ($3.27).

If the price turns up from $3.51 and breaks above the 20-day SMA, it suggests a possible range formation. The pair may swing between $3.51 and $4.30 for some time. A break and close above $4.30 could start a new uptrend toward $5.

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