$SUI – Double Rejection Confirmed, Short Trade in Play!
SUI has experienced clear rejections from both highlighted supply zones, failing to hold above the critical $2.35 resistance level. The most recent candlestick has broken below intraday support, indicating increased bearish pressure and a shift in momentum.
This price action presents a favorable risk-to-reward short setup, supported by a confirmed double top formation and growing downside momentum. Traders should closely monitor the $2.27 area for a potential technical bounce or reaction.
