$SUI /USDT short trade signal 🚦 🛑
BEARISH REVERSAL CONFIRMED – SELL PRESSURE TAKES OVER NEAR RESISTANCE ZONE!
Price action faced strong rejection near the $3.30–$3.31 resistance zone after a sharp upward move, indicating a classic bearish reversal. The wick rejection and subsequent red candle formation signal that sellers are regaining control, setting the stage for a downside move.
Trade Setup (Short):
Entry: $3.28 – $3.30
Take Profit (TP): $3.17
Stop Loss (SL): $3.32
Market Outlook:
The breakdown from the supply zone with strong upper wick rejections shows exhaustion in bullish momentum. If price sustains below $3.28, the bearish wave is likely to continue toward the next demand zone around $3.17. Risk management is key as volatility increases around key resistance.
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