$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.

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