$SUI just got slammed down after hitting $4.20 – bears are tightening grip fast!

$SUI /USDT dropped sharply from a high of $4.2000 to a low of $3.6589, closing in at $3.8140 on the 4H chart. The rejection wick and red follow-through candle confirm strong resistance above $4.00. Order book data now shows heavy sell-side pressure (66.78%), signaling a possible bearish continuation if support cracks.

Trade Setup:

Entry Zone: $3.81 – $3.83

TP1: $3.70

TP2: $3.62

TP3: $3.58

Stop-Loss: Above $3.92

If $SUI loses $3.80, it could trigger a deeper correction back toward recent swing lows. Bears watching for volume to spike below support.