SUI just got rejected at the $4.00 level and is now sliding fast — down 2.79% at the time of writing. Price has broken below key $3.9053 support with increasing volume, confirming a head-and-shoulders breakdown. Next target? $3.6602.
$SUI ⚡ Short Setup Overview
Entry Zone: Between $3.810 – $3.825Stop Loss: Above $3.860 (watch for failed retest)Target 1 (TP1): $3.7804 (24h low)Target 2 (TP2): $3.6602Target 3 (TP3): $3.5377 (potential liquidity void)
🔍 Market Breakdown Insight
Trading volume is now running 40% above the moving average — signaling potential for a deeper drop. Holding below $3.800 could trigger a sharp 8% decline. New Layer-1s like
$SUI are taking the brunt of the selloff.
#SUI #SUIUSDT #AltcoinWatch #CryptoSetups #Layer1Shakeout