SUI 1H – Breakdown & Retest of Key Support, But Will It Reject?

SUI 1H – Breakdown & Retest of Key Support, But Will It Reject or Reclaim?

Description:
SUI just completed a textbook range breakdown after weeks of sideways chop between ~$3.60–$4.10. The prior support floor has now flipped into resistance, and the recent bounce appears to be retesting that structure. If this retest gets rejected, continuation toward lower support zones (potentially $3.30 and below) becomes likely.

However, reclaiming and holding above $3.60 could trap late shorts and fuel a squeeze. Structure still favors bears for now, but it’s decision time.

📌 Breakdown structure
📌 Bearish retest
📌 Eyes on confirmation or invalidation

This is the battle zone — stay sharp.