SUI Short-Term Spark Fades: Rejection At $3.95 Triggers 6% Slide

SUI, a cryptocurrency that recently hit a 24-hour high of nearly $4, saw its momentum fizzle out after hitting strong resistance at $3.95, leading to a 6% drop. It’s now trying to claw back some ground, trading around $3.63 with a slight uptick—but traders are wary. Analyst Crypto Man MAB pointed out the sharp reversal after SUI briefly touched $4.20 earlier, leaving investors questioning whether this is just a temporary stumble or the start of a deeper slump.