$SUI BEARISH REVERSAL ON LOWER TIMEFRAME — SHORT OPPORTUNITY IN PLAY!
$SUI has faced rejection after a strong bullish rally, now forming a lower high and slipping below the minor support zone around $4.15. This signals early bearish pressure as the price fails to hold above key short-term support, opening the door for a potential short setup targeting previous demand areas.
Trade Setup (Short):
Entry: $4.14 - $4.16
Targets:
TP1: $4.01
TP2: $3.99
Stop Loss: $4.23
Market Outlook:
Volume shows declining buying pressure, and $SUI is struggling to reclaim resistance levels. A pullback to the demand zone around $4.00 is likely. This setup offers a clean risk-reward structure for intraday traders.
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