$SUI Return Above $3.50 - Bulls Regain Control
After weeks of slow movement and sideways trading, the SUI stock has finally broken out of its consolidation phase. The price is now above $3.50, indicating that buyers have regained control. At the time of writing this report, SUI stock is trading near $3.5065, up 2.49% today, recording a daily high of $3.5171, and a strong rebound from a low of $3.3857.
On the four-hour chart, the trend appears positive as long as the price remains above the support level of $3.48. If the momentum continues, bulls may push SUI stock toward the next resistance level near $3.60, and a breakthrough could pave the way toward the $3.80-$4.00 level in the short term.
However, if sellers return and SUI stock drops below $3.38, it may revert to lower support levels. For now, the bullish trend remains strong, and traders will closely monitor whether SUI stock can hold above the $3.50 level and continue its ascent.