$SUI USDT BEARISH BREAKDOWN – READY FOR THE NEXT LEG DOWN 🚨
$SUIUSDT has broken below the key support zone near 2.8195-2.8194 and is currently retesting this area as resistance. This indicates potential continuation to the downside if it fails to reclaim this zone with strength.
📊 Trade Setup:
Entry (Short): 2.7900 – 2.8000 (on rejection confirmations)
Take Profit Targets:
➔ TP1: 2.7400
➔ TP2: 2.7000
➔ TP3: 2.6910 (final target)
Stop Loss: 2.8200
💡 Market Outlook:
Momentum remains bearish as the price forms lower highs and lower lows, with sellers holding control below resistance. Watch for volume increase to accelerate the drop towards the final target.
⚠️ Risk Management:
Use strict position sizing with maximum 1-2% risk per trade to protect capital in volatile moves.
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buy and trade here on $SUI