$SUI Faces Growing Selling Pressure After Rejection at $4.24
After failing to surpass the key resistance level at $4.24, $SUI has entered a consolidation phase, currently trading between $3.80 and $3.90. The lack of upward momentum, along with the increase in sales volume, suggests a growing bearish sentiment in the short term.
Technical indicators point towards a possible decline of 5%, especially if the price breaks below the support of $3.80. If that level is not maintained, the next significant support is around $3.60, which could act as a short-term target for sellers.