SUI 8H – Testing Downtrend Resistance, FVG from July in Play

SUI is retesting the descending trendline while sitting just under the 0.5 retracement at 3.37. The July 9th FVG sits mid-structure and has been partially filled on this recent bounce.

The golden pocket (3.37–3.12) remains the key zone. A breakout above trendline resistance would confirm strength, opening continuation toward higher levels. Failure to hold above 3.12 shifts focus to 2.76 at the 0.786 retracement.

Stoch RSI is stretched into overbought territory, suggesting caution as price presses into resistance.