$SUI – BEARISH REVERSAL BREWING AFTER LOWER HIGH? SELL PRESSURE RETURNS
$SUI is showing early signs of weakness after failing to sustain above the 24H high of $3.4832. The 1H chart reveals a clear lower high formation followed by multiple red candles and rejection at the $3.44 zone — signaling fading bullish momentum.
If price breaks below $3.40, we could see a deeper pullback toward $3.36 and possibly $3.31. The uptrend is stalling, and short-term control appears to be shifting toward the bears.
📉 Bearish Breakdown: – Resistance Rejected: $3.48
– Breakdown Trigger: Below $3.40
– Downside Targets: $3.36 → $3.31
– Invalidated if: $3.45 reclaimed with strong volume
Short-term caution advised — bulls are losing grip.
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