$SUI USDT BEARISH REVERSAL: STRONG DROP EXPECTED SOON 🚨
The price action on $SUIUSDT is showing clear weakness after rejecting strong resistance. Sellers are gaining momentum, signalling a potential sharp downside move in the coming sessions.
🔑 Key Levels:
Resistance: $2.7661 – $2.7701
Support: $2.3857 – $2.3823
Current Price: $2.6942
📉 Trade Setup (Short):
Entry Zone: $2.6940 – $2.7100
Take Profit: $2.3850
Stop Loss: $2.7700
📊 Market Outlook: $SUIUSDT has failed to break above the critical resistance zone near $2.77, forming lower highs and maintaining bearish structure. Momentum indicators favour sellers, targeting the demand zone around $2.38 if the rejection holds.
⚠️ Risk Management: Always risk only 1-2% of your capital per trade. Use stop-loss strictly to protect against sudden reversals.
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