Why SUI may pull back before the next bullish expansion

After a sharp 75% rally, SUI is now showing signs of exhaustion as it approaches a key resistance area. Although the trend remains bullish, technical indicators suggest a healthy pause may be on the horizon before the next leg of expansion.

The impulsive nature of SUI’s (SUI) recent rally reflects strong bullish momentum. However, price is now facing clear rejection from a resistance zone where both the range high and the 0.618 Fibonacci level are stacked in confluence.