$SUI – Bearish Reversal in Play | Breakdown Targets Ahead❗
Price Action:
$SUI has begun to decline from the recent swing high of $3.4992, currently trading near $3.3499, showing signs of sustained bearish momentum and decreasing volume, confirming downside pressure.
Trade Setup:
Entry: $3.3500 (Confirmed rejection zone)
Take Profit 1 (TP1): $3.2721
Take Profit 2 (TP2): $3.1500 (Major support zone)
Stop Loss (SL): $3.5000
Structure: As long as price remains below $3.4000, the bearish trend remains intact. Watch closely for further confirmation—downward momentum remains strong.
Trade Smart | Manage Risk | Not Financial Advice