$SUI — SHORT-TERM REJECTION ZONE IN PLAY
Price action on $SUI shows a sharp breakdown from recent highs, followed by a weak rebound that is now facing resistance near $3.83–$3.85. The rejection wick signals selling pressure could dominate the next move if momentum fails to recover above this zone.
Trade Setup (Short)
Entry: $3.83 – $3.85
Take Profit 1: $3.71
Take Profit 2: $3.68
Stop Loss: $3.92
Market Outlook:
The short-term trend remains under bearish control after repeated lower highs and a strong impulsive drop. Unless buyers push back above $3.92 with volume, the probability favors another leg down toward support levels. Watch for increasing sell volume as confirmation.
