$SUI BEARISH REJECTION AFTER RELIEF BOUNCE: IS $3.78 NEXT?
$SUI/USDT is trading at $3.8214, slipping -0.94% after facing rejection near $3.85. A short-term bounce failed to hold gains, and sellers are now back in control with visible downside pressure.
Key Price Levels:
• Resistance Zone: $3.8450 – $3.8650
• Support Zone: $3.8000 – $3.7800
Trade Setup:
Bearish Scenario:
• Entry: Below $3.8000
• TP1: $3.7800
• TP2: $3.7500
• SL: Above $3.8450
Bullish Scenario:
• Entry: Above $3.8650
• TP1: $3.9000
• TP2: $3.9410 (24h High)
• SL: Below $3.8000
$SUI failed to sustain its bounce and is now vulnerable to further downside. A break below $3.80 could trigger a drop toward $3.75. Momentum favors bears unless bulls reclaim the $3.85+ zone.