$SUI USDT BEARISH REVERSAL IN PLAY – BULLS LOSING MOMENTUM FAST!

After an aggressive spike to $2.9278, $SUI USDT has started forming consecutive red candles on the 1H timeframe, indicating a potential bearish reversal as it fails to hold above the short-term MA(7). The price is currently hovering near $2.8181, slightly above MA(99) support.

🔻 Trade Setup (Short Entry):

Entry: $2.8100 – $2.8250

Targets:

TP1: $2.7800

TP2: $2.7500

TP3: $2.7200

Stop Loss: $2.8600

📊 Market Outlook:

Momentum is fading after the strong upward move. If the price closes below MA(99) at $2.7295, it can accelerate the bearish trend. However, a reclaim above $2.8600 may invalidate this setup and trigger bullish continuation.

⚠️ Risk Management:

Use strict position sizing and protect capital by trailing stop loss once TP1 hits.

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