$SUI
BEARISH MOVE INCOMING – PRICE REJECTION AT RESISTANCE!
$SUI is showing clear signs of bearish momentum after rejecting strong resistance levels. Sellers are stepping in aggressively, eyeing deeper targets.
🔑 Key Levels:
Current Price: $2.8076
Resistance: $2.8297
Immediate Support: $2.7931
Major Support / Target Zone: $2.7225
💼 Trade Setup (Short Entry):
Entry Zone: $2.8200 – $2.8297 (upon rejection confirmation)
Targets (TP):
TP1: $2.7931
TP2: $2.7600
TP3: $2.7225
Stop Loss (SL): $2.8400 (above resistance)
📊 Market Outlook: The price action indicates strong seller defence at the $2.8297 resistance, forming a potential lower high. If bears maintain control, a push towards $2.7225 is likely in the upcoming sessions.
⚠️ Risk Management: Always use a strict SL. Risk only 1-2% of your capital per trade to preserve account health and sustain during market volatility.
💬 Comment 🔻 if you caught this setup early! Stay disciplined and trade smart.
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buy and trade here on $SUI