The potential growth of $SUI could trigger a mass liquidation of short positions amounting to $96 million if the price reaches $3.48. When traders betting on a decline are forced to close their positions, a chain reaction will begin, accelerating the price drop.
The price has risen by 12%, however, the Chaikin Money Flow (CMF) indicator shows negative dynamics, indicating insufficient investment inflow. The current rally is likely due to the closing of short positions rather than active buyer interest.
Capital outflows threaten the upward trend. The lack of substantial support from buyers combined with a declining CMF could lead to a trend reversal for SUI and negate the current achievements.
