Bulls Say Go, Bears Say No—Who Wins SUI’s Show?
2024-12-17
Category: None

SUI is dancing around $4.644, giving traders a reason to sit up and watch.

1. If SUI gets a clean break above $4.956, bulls could grab the reins and push toward the next stop at $5.46. That’s where things could get interesting for those looking for upward momentum (Solid Green Projection).
2. On the flip side, if the price struggles to hold and slides below $4.644, it might signal hesitation in the market. A quick dip to retest $4.644 followed by a rebound would be a good sign that buyers are still in the game (Dashed Green Projection).
3. However, if $4.644 breaks down without a fight, bears could come storming in. A drop toward the next key support at $4.063 would be the logical move (Red Projection). 

For now, SUI is at a crossroads—will it charge forward or stumble? Keep an eye on $4.956 and $4.644; they’re the real decision-makers here.