$SUI /USDT โ BEARISH BREAKDOWN IN PLAY! ๐ป๐
$SUI is showing bearish momentum after rejecting resistance and forming lower highs. With current price at $2.6332 (-4.78%), technicals point toward further downside unless strong support holds. ๐จ
๐ KEY LEVELS:
Resistance:
๐บ $2.80 โ Recent top / 24h High
๐บ $2.70 โ Minor resistance & rejection point
Support:
๐ป $2.60 โ Immediate support
๐ป $2.55 โ Strong demand zone (24h Low)
๐ป $2.50 โ Critical psychological level
๐ฏ TRADE SETUP โ SHORT POSITION
Entry: $2.64 โ $2.63 (current zone)
Target 1 (TP1): $2.55
Target 2 (TP2): $2.50
Stop Loss (SL): $2.70
๐ง Risk/Reward Ratio: ~2:1 โ Favorable for intraday or short-term swing.
๐ก๏ธ RISK MANAGEMENT TIP:
Never risk more than 1-2% of your capital per trade. Stick to your SL and follow proper position sizing. ๐๐งฎ
๐จ Always trade with discipline and protect your capital!
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