Buddies $SUI Slippage Ahead❓❓❓Ride the Downtrend Before It Unwinds❗❗
$SUI is showing weakness after multiple failed attempts to hold above $3.00. The recent rejection and break below short-term support indicate growing bearish momentum.
📉 Short Trade Setup (4H)
Entry Zone: $2.90 – $2.93 (ideal for a clean retest entry)
🎯 Take Profit 1: $2.82
🎯 Take Profit 2: $2.74
🎯 Take Profit 3: $2.66 (if heavy sell volume continues)
⛔ Stop Loss: $3.01 (above short-term resistance)
Why This Setup?
Price is forming lower highs and retesting support near $2.89 with no bullish strength. If the $2.80 zone cracks, the path toward deeper lows becomes wide open.