$SUI – Retest of Resistance Before Potential Reversal
$SUI is currently trading below a key resistance level on the 3H chart, with price hovering around $0.89 after a corrective move. The chart highlights the $0.9451 level as the major resistance to watch — a zone where price previously failed to break through.
The current structure suggests that SUI may attempt a push back into this resistance area. However, unless buyers show strong momentum, this level could act as a ceiling and trigger a deeper move to the downside.
The projected path on the chart outlines a potential retest of $0.9451, followed by a rejection that could send price lower toward the broader support region.
📈 Target Levels
Key resistance: $0.9451
Downside target: Lower support zone beneath current price (broader structure suggests continuation lower if rejection occurs)
A clean rejection from the $0.9451 resistance — especially if accompanied by weakening momentum — would confirm the bearish continuation scenario. Traders should watch how SUI behaves as it approaches this level, as it will determine whether the market is preparing for a reversal or simply building pressure for a breakout attempt.
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