SUI cryptocurrency is currently trading around $3.88, down 3.05% after experiencing recent price fluctuation. This point has become the focal point for bulls and bears as investors await the next decisive move. A crypto analyst known as Trader_XO suggests that SUI’s failed attempt to reach $4.24 may signal a waning momentum. Following this rejection, SUI fell to $3.68, with the RSI indicating decreasing momentum strength. ❌ He predicts a downward movement unless the price settles above the $3.92 to $4.00 range. If this resistance holds, SUI could potentially drop down to $2.83 or even $1.83, according to Trader_XO’s prediction. However, short-selling expert Kawasaki believes an upward trend is possible if SUI surpasses the $4 mark, as it may shift investor sentiment. ⬆️ Source: Trader_XO ⚠️ Trading on short positions, but predicting a market decline. 📉 His bearish stance is further confirmed by analyst Michael Van de Poppe who highlighted that SUI’s overall macro structure remains strong and features consistent higher highs. The SUI network’s Total Value Locked (TVL) has soared to $2.06 billion in recent weeks, indicating increasing investor confidence and participation in Ethereum transactions. 📈 Source: Michael Van de Poppe 🚀 This growth is fueled by new users who are joining WAL and DEEP tokens, which have become leading DePIN protocols, attracting more attention to the Sui ecosystem. The rise of SUI’s TVL has been further driven by an increase in user accounts – with a 35.24% jump seen over just one month! 📈 Torero Romero reported that there are now 190 million users on the SUI platform. 📈 SUI token has an actual chance to surpass $4. This possibility is even stronger considering the robust network structure and growing user activity, which could cause prices to surge if they break past resistance. ⬆️ Source: Torero Romero 📈