$SUI LOSING STEAM – SELLERS STILL IN CHARGE
$SUI/USDT is trading at $3.7631, down -3.93% on the day. Price is stuck below key resistance at $3.8000, with short-term structure showing a weak bounce after testing $3.6720.
Key Levels
• Resistance: $3.8000 – Breakout could lead to $3.8800 and $3.9300
• Support: $3.7200 – Breakdown risks $3.6700 and $3.6200
Trade Setup
Bullish
• Entry: Above $3.8000
• TP1: $3.8800
• TP2: $3.9300
• SL: Below $3.7200
Bearish
• Entry: Below $3.7200
• TP1: $3.6700
• TP2: $3.6200
• SL: Above $3.8000
Bearish dominance remains high—wait for a decisive move beyond key levels with volume before taking positions.