SUI's bullish momentum appears to be losing steam as technical indicators point toward a potential cooldown.
The Relative Strength Index (RSI) signals overbought conditions, raising concerns about the sustainability of the recent rally.
A retest at the $1.4 level is in focus, indicating a possible pullback.
Traders should watch for a potential breach below $1.4, which could result in further decline or a rebound leading to a rise towards the all-time high of $2.18.