After several aggressive attempts, $SUI was denied at the $4.20 resistance area.
The price has pulled back to the crucial $3.50 support, a level that’s acted as a floor several times recently.
– Key demand lies at $3.50
– A break below may open the door for further losses
– Bulls need to reclaim the $3.90–$4.00 region to revisit the $4.20 supply barrier
$SUI remains in a consolidation phase this latest rebound must gain momentum to signal real strength.