SUI has emerged from an inverse head-and-shoulders pattern, which sets the stage for a potential price rally to $3.89. Recently, SUI's price increased sharply from a 20-day exponential moving average (EMA) of $2.92 and broke above the 50-day simple moving average (SMA) of $3.08. The bullish trend is supported by a rising EMA and a relative strength index (RSI) that indicates bullish momentum. Maintaining the price above the 50-day SMA could lead SUI to reach $3.55 initially, with a longer-term target of $3.89. However, if the price declines below the 20-day EMA, it could signal continued bearish pressure, potentially dropping to support levels of $2.64 and $2.29. The completion of the bullish pattern at the $3.08 level is essential, and a rebound from the neckline could yield further gains for investors. Conversely, a significant drop below the moving averages would reverse the positive outlook.

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