$SUI /USDT BEARISH SETUP — WEAK REJECTION FROM RESISTANCE ZONE!

Current Price: $3.83

$SUI is showing signs of exhaustion after a failed attempt to reclaim the $3.89 resistance zone. The price has bounced from the $3.63 support but is facing continuous rejection near $3.89, forming lower highs. This indicates weakness and opens the door for a potential drop if the current structure breaks down again.

Key Levels:

Resistance: $3.89

Support: $3.63

Current Price: $3.83

Trade Setup (Short):

Entry: $3.82 – $3.85

Take Profit: $3.68 / $3.63

Stop Loss: $3.91

Risk Management:

Use proper position sizing and avoid overleveraging. Wait for confirmation below $3.80 for safe entries.

Caution: Trend still reactive near support; trail SL as soon as price nears TP1!

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