$SUI /USDT is showing signs of a bearish breakdown, with the current price at $2.8292 and a 24-hour decline of 3.69%. Price action has clearly rejected the $2.95 level and is trending downward below key moving averages, indicating growing selling pressure.
Key Levels:
Resistance: $2.95 (strong rejection), $3.00 (psychological level)
Support: $2.80 (critical support), $2.74 (breakdown zone), $2.62 (strong demand)
If $2.80 fails to hold, the price could continue falling toward lower support zones.
Short Trade Setup:
Entry Zone: $2.82 – $2.84
Targets:
TP1: $2.74
TP2: $2.62
TP3: $2.50
Stop Loss: Above $2.96
Risk Management:
Limit risk to 1–2% per trade
Maintain at least a 1:2 risk-reward ratio
Always use a stop-loss and avoid overleveraging
Bearish momentum is increasing, so a disciplined approach is essential.