$SUI /USDT BEARISH SETUP: STRONG REJECTION FROM $3.96 — PULLBACK IN PLAY!
$SUI/USDT surged close to $3.96 but faced immediate resistance and is now pulling back sharply. On the 15-minute chart, heavy red candles indicate short-term exhaustion and potential downside continuation.
Trade Setup (SHORT):
Entry: $3.82 – $3.86
Take Profit (TP): $3.70 / $3.64
Stop Loss (SL): $3.94
Market Outlook:
The uptrend lost steam near the $3.95 mark, and sellers quickly stepped in. Unless $SUI breaks above $3.95 again with volume, short positions remain favorable in this rejection zone.
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