Sui (SUIUSD) rose in its latest intraday trading, supported by the prevailing short-term uptrend and movement along an upward slope. Positive pressure continues from trading above the 50-day SMA, and in addition, a positive divergence has started to form on the Stochastic after it reached extremely oversold levelsexaggerated relative to price actionwith early positive signals beginning to appear.

Therefore we expect the token to rise in upcoming intraday trading as long as the support level at $3.7470 holds, targeting the resistance level at $4.2967.

Todays price forecast: Bullish