$SUI /USDT BEARISH REVERSAL ACTIVE š» | SHORT TRADE SETUP
š Current Price: $2.9353
š 24h High: $3.0897
š 24h Low: $2.8984
š 24h Volume (SUI): 46.55M
š° 24h Volume (USDT): $140.18M
š Price Change (24h): -4.05%
š TECHNICAL ANALYSIS
SUI has been rejected strongly from the key resistance zone around $3.09, triggering a sharp intraday correction. The price broke below the psychological support at $3.00 and is now hovering just above $2.90. The bearish momentum is strong, and unless bulls reclaim $3.00+, the trend is likely to continue downward.
š KEY LEVELS TO WATCH
Resistance Zones:
šŗ $3.00 ā Minor resistance
šŗ $3.09 ā Major rejection zone
Support Zones:
š¢ $2.90 ā Immediate support
š¢ $2.85 ā Next target level
š¢ $2.75 ā Strong support zone
š» SHORT TRADE SETUP
Entry: $2.93 ā $2.96
Target 1: $2.90
Target 2: $2.85
Target 3 (Extended): $2.75
Stop-Loss: $3.02
š” RISK MANAGEMENT
Risk only 1%ā2% of your capital per trade
Ensure a minimum 1:2 risk-to-reward ratio
Use a hard stop-loss to avoid fake breakouts
Adjust size based on volatility and market sentiment
š SUMMARY:
SUI is facing heavy resistance and shows signs of a bearish trend continuation. Breakdown below $2.90 could trigger a quick dip toward $2.85 or lower. Watch for BTC correlation and momentum before entry.
> Always protect your capital. Not financial advice.
#BTCReclaims110K #BTCReclaims110K #REX-OSPREYSolanaETF #OneBigBeautifulBill #Write2Earn! $SUI