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$SUI is currently forming a double-top structure on the 1H timeframe, with price now pulling back toward the neckline support around 0.95–0.951.
Price has already printed Top 1 and Top 2 near 0.975–0.980, and sellers are stepping in strongly after failing to break higher. Right now, the market is sitting right on the neckline support, which is the key level deciding the next move.
This is a make-or-break zone.
If 0.95 breaks with strong 1H closes, the double-top confirms and we could see a continuation move toward 0.94 → 0.92, where the next demand sits.
However, if buyers defend 0.95 and reclaim 0.96–0.965, this breakdown becomes a fakeout and price could rotate back toward 0.97–0.98 again.
Neckline support: 0.95
Breakdown targets: 0.94 → 0.92
Invalidation / bounce: 0.965+
Price is already reacting at support — wait for confirmation (break or bounce) before entering. No confirmation = no trade. ⚡
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