"SUI has experienced a pullback of 4%, but despite this minor decline, the weekly gains remain robust, indicating overall positive momentum in the market. As we analyze the current price action, it is important to consider the implications of the Fibonacci bounce, as this technical analysis tool could provide insights into potential future price movements and support resistance levels. Here is what this could mean for traders and investors as we look forward."
source: https://blocknews.com/sui-pulls-back-4-while-weekly-gains-hold-strong-here-is-what-the-fibonacci-bounce-could-mean-next-here-is/