$SUI has been grinding up for the past weeks and it's close to reaching new ATH however it has hit a massive resistance.

The grey box is the current resistance and once it tapped this area, it has been struggling to go through it. Only wicks are coming into this area and candles cannot close in it.

We can expect some consolidation at least. After it, we can go a little lower to scare off longs, liquidate some positions and head for the new ATH