Resistance Zone: SUI/USDT is facing strong resistance at a key level, likely near the upper boundary of the current price range.
Price Action: The chart shows a consolidation phase, with lower highs forming, which could indicate bearish pressure.
Volume: Declining volume suggests reduced buying interest, which may lead to a potential breakdown.
Support Levels: Key support is visible below, likely around a previous low or a high-volume node.
Prediction:
If SUI/USDT fails to break above the resistance, it may retrace toward the nearest support zone.
A breakout above the resistance with strong volume could trigger a bullish move toward the next significant level.
