SUI Price Faces Resistance as Rejection Threat Looms

Crypto analyst Rekt Capital raises concerns about the price trajectory of SUI, highlighting its recent struggle to maintain bullish momentum despite a significant breakout attempt in May. The analysis indicates that SUI failed to achieve sustained gains following its critical monthly close below $3.39 in late May. 2024’s previous bullish pattern, where the token tested and surpassed the $3.39 level before surging higher, was not replicated this time around.