SUI bullish rally eyed: upside potential toward $3.80+ as support holds at $3.20

The price action shows a respectful hold of the key support at $3.20, followed by a move above $3.60. This pattern indicates bullish momentum and the potential for a test of higher levels around $3.80+. The scenario hinges on continued buying demand and whether buyers can sustain price above the recent swing high near $3.60, which would reinforce a bullish bias. If momentum wanes, a retest of the $3.20 support becomes a plausible risk, suggesting traders should watch for a rebound or a break to confirm the next leg. Overall, the setup favors a constructive short-term tilt as long as price remains above the support and the $3.60–$3.80 zone acts as a resistance-turned-support.