The upcoming altcoin season may significantly boost SUI's price, potentially leading it to $5. Current market dynamics show that while Bitcoin is stabilizing after reaching an all-time high, attention is shifting towards altcoins like SUI. Following a recent surge after surpassing the 50-day simple moving average, SUI is approaching a critical resistance level at $4.30. If bulls can push through this resistance, a rally to $5 and possibly $5.37 could ensue. Key support levels are identified at $3.81 and near the 20-day exponential moving average at $3.37. Conversely, if SUI's price drops below these support levels, selling pressure could re-emerge, indicating a loss of momentum. The pair displayed a bullish inverse head-and-shoulders pattern, highlighting ongoing positive sentiment despite minor resistance at around $4.10. Investors are advised to conduct thorough research given the inherent risks involved in trading.

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