$SUI

Faces Growing Selling Pressure After Rejection at $4.24

After failing to break above the key resistance level at $4.24, $SUI has entered a consolidation phase, currently trading between $3.80 and $3.90. The lack of upward momentum, coupled with rising selling volume, suggests increasing bearish sentiment in the short term.

Technical indicators are pointing toward a potential 5% downside, especially if the price breaks below the $3.80 support. If that level fails to hold, the next significant support lies near $3.60, which could act as a short-term target for sellers.

Traders are advised to monitor:

Volume spikes indicating distribution

RSI and MACD for confirmation of bearish divergence

Any retests of $4.00 that fail to reclaim higher ground

Until a decisive move occurs, $SUI remains vulnerable to further decline unless strong buying interest re-emerges.