$SUI/USDT – Bearish Setup Alert!

Current Price: $3.8150 (+1.27%)

$SUI has just hit strong resistance at $3.8750 and is starting to pull back. This could be the formation of a lower high—setting up nicely for a potential short trade.

Key Levels to Watch:

Resistance: $3.8750

Support: $3.7080

Short Trade Plan:

Entry Zone: $3.8300 – $3.8600

Take Profits:

TP1: $3.7700

TP2: $3.7250

TP3: $3.6850

Stop Loss: $3.8850

Technical Breakdown:

Double top rejection visible on the 15-minute chart

Bullish momentum slowing down

Declining volume

Bearish engulfing candles forming below $3.8400

Pro Tip:

Wait for a failed breakout or solid bearish confirmation below $3.8300 before entering. Given $SUI’s high volatility, smart position sizing is crucial.

Bears—momentum is shifting. Stay sharp!

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