$SUI /USDT short trade signal 🛑 🚦

BEARISH REVERSAL IN PLAY – WATCH FOR A SHARP DROP BELOW RESISTANCE!

After a sharp rally, $SUI/USDT faced heavy rejection from the $3.37–$3.38 zone, printing multiple wicks on the higher timeframe and showing signs of exhaustion. Price has broken back below the local resistance near $3.27, indicating a potential bearish reversal is underway.

Trade Setup (Short):

Entry: $3.27

Take Profit (TP): $3.06 / $2.88

Stop Loss (SL): $3.38

Market Outlook:

Momentum has shifted to the downside as bulls failed to hold breakout levels. If price sustains below $3.27, expect further downside toward previous support zones at $3.06 and $2.88. A close above $BTC