The $SUI chart indicates that the market could be gearing up for another challenge of the $5.40 resistance, which represents the current all-time high marked in green. Even in the white scenario, there’s still a fair chance of pushing to new highs as long as the June low stays intact. Dropping below that point would put pressure on the bullish outlook, while losing the April low would signal a more significant decline.
At the moment, the outlook remains tilted toward further upside.
