Sui recently broke through the key resistance level of $4.27. This breakout, along with the moving average (MA) crossover between the 9-day and 21-day lines, indicates strong bullish momentum.
However, the Average Directional Index (ADX) is at 25.05, indicating moderate trend strength, suggesting potential consolidation in the short term. Therefore, maintaining support above $4.27 is crucial for sustaining the upward momentum and further building bullish strength.
