$SUI /USDT BEARISH BREAKDOWN — SHARP REJECTION FROM $4.20 TRIGGERS DOWNSIDE WAVE
$SUI has faced intense selling pressure after failing to hold above the $4.20 resistance level. The price dropped to a low of $3.5293 before a slight bounce, now trading at $3.6962, showing weakness below previous support-turned-resistance.
Key Levels:
Resistance: $3.7909, $4.200
Support: $3.6433, $3.5293
Trade Setup (Short):
Entry: $3.68 – $3.72
TP1: $3.53
TP2: $3.45
SL: $3.81
Risk Management:
Stick to a defined stop-loss level. Avoid entering trades without confirmation. Use 1% capital risk rule and scale out at targets to reduce exposure.
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Stay sharp in reversals — profit lies in early confirmation, not late entries!