SUI 8H – Testing Support, Bounce or Break Toward Liquidity?

SUI is sitting on the support zone after rejecting from the minor resistance box.

Bullish path: A hold here could send price back toward the order block, with liquidity resting above 4.29.

Bearish path: A breakdown under support risks continuation lower, revisiting deeper structure before another attempt higher.

Stoch RSI near oversold suggests momentum is positioned for a reaction from this level.