At press time, the SUI has advanced from the demand zone, where history has proof of a massive surge from the level. The indications are on the screen, as RSI has resurged from oversold territory, coinciding near the demand area; a catalyst could kick start a rally or a parabolic thrust ahead.
The ATH was $2.1790, and from that, it traded nearly 70% down, but from ATL, the price traded 70% higher, which was $0.3630.
Therefore, if the price surges, then the resistance would be present at $0.93, and $1.43, respectively. However, if the demand area breaks, then the support needed to be studied would be at $0.48, and $0.36, respectively.
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