$SUI Slips into Bear Zone – Breakdown or Bounce Ahead? 🚨**
**#SUIUSDT** (Perp) | **$2.7221** (-2.81%)
**Key Observations:**
- **Descending Channel Dominance**: $SUI is printing consistent lower highs & lows, signaling bearish control.
- **Make-or-Break Zone**: Price is testing mid-channel resistance. A rejection here could trigger a drop to **$2.68** (lower trendline).
- **Bullish Flip Potential**: A decisive close above **$2.76** (upper trendline) may invalidate the downtrend.
**🎯 Trade Setup (Aggressive)**
- **Short Entry**: Below **$2.71** (confirmation of rejection)
- **TP1**: $2.68
- **TP2**: $2.64
- **Final TP**: $2.59 (demand zone)
- **SL**: $2.76 (channel breakout)
**⚠️ Note**: Wait for **price action confirmation** (e.g., bearish engulfing candle for shorts, bullish close above $2.76 for longs). Risk management is key!
**#SUI #CryptoTrading #TechnicalAnalysis #BearishChannel #BinanceSquareTalks **
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