$SUI / USDT Short Trade Alert: Lower High Signals Potential Reversal – Caution Advised!
$SUI / USDT is showing signs of a weakening uptrend after printing a lower high near the $4.2000 level. The recent rejection and failure to break above this resistance suggest a possible bearish shift in structure.
Price is currently hovering around $3.6577, and if it breaks below $3.5852 (the 24h low), sellers may step in to push it toward the support zone around $3.5000.
⚙️ Trade Setup
Entry: $3.6500
Take Profit: $3.5500
Stop Loss: $3.7000
Bearish pressure is building with successive rejections near recent highs and wicks indicating seller dominance. A breakdown below $3.5852 could accelerate downside momentum.
🛑 Invalidation: A strong breakout above $3.7500 would negate this setup.
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