⚠️ $SUI
USDT BEARISH BREAKDOWN – SUPPORT BREACHED, FURTHER DROP AHEAD?
$SUI is trading at 2.6828 (-2.42%), showing a clear bearish continuation on the 1H chart after breaking below its recent consolidation zone. Sellers are in control as the price continues forming lower highs and lower lows.
📊 Key Levels
Support: 2.6700
Resistance: 2.7300 – 2.7600
Current Price: 2.6828
💡 Trade Setup (Short)
Entry: Below 2.6700 (confirmed breakdown)
TP1: 2.6500
TP2: 2.6200
SL: 2.7000
💡 Trade Setup (Long)
Entry: Above 2.7300 (breakout with strong bullish candle)
TP1: 2.7700
TP2: 2.8000
SL: 2.7000
📈 Market Outlook SUI remains bearish intraday as it breaks through key supports. A daily close below 2.6700 will strengthen downside momentum. Bulls need a reclaim above 2.7300 to regain control for short-term relief rallies.
⚠️ Risk Management Trade with discipline. Use strict stop-loss and risk only 1-2% of your capital per trade to ensure longevity in volatile market conditions.
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