# **$SUI

Bearish Break Opportunity** 🔻

#### **📍 Current Price:** $3.1500

#### **📊 Market Structure:**

- **Confirmation of Downtrend:** Lower highs / lower lows on the 15-minute chart.

- **Testing Critical Support:** Price bounces at **$3.1480** (daily low).

- **Momentum:** Strong bearish volume; RSI (14) near **41.64** (neutral but leaning bearish).

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### **🎯 Trading Plan**

- **Entry Zone:** **$3.1480 – $3.1650** *(Ideal: Retest of broken support as resistance)*

- **Targets:**

- **TP1:** **$3.0900** *(Close to SMA100 for the day @ $2.93 overlap)*.

- **TP2:** **$3.0200** *(Next swing low, 4.1% decrease from entry)*.

- **Stop Loss:** **$3.1880** *(Above recent swing high + 0.5% margin)*.

#### **⚡ Key Levels:**

- **Resistance:** **$3.2923** *(Yesterday's high)*.

- **Support:** **$3.1480** → Break = Accelerated selling.

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### **📌 Confirmation and Execution**

1. **Trigger:** 15-minute candle close **below $3.1480** to confirm the break.

2. **Ideal Scenario:** Failed rebound to resistance **$3.1650** with candle rejection.

3. **Risk Management:**

- **1:3 R/R** (Risk $0.04 for a reward of $0.12).

- Avoid over-leveraging; volatility is **6.96%** (30-day average).