$SUI USDT – SHORT TRADE SIGNAL🔴
FAKEOUT ABOVE $2.93 FOLLOWED BY STRONG SELLING PRESSURE ⚠️
LOWER HIGH FORMING BELOW RESISTANCE ZONE 📉
SUI rejected hard from the $2.93 resistance zone after a brief fakeout, showing a sharp bearish engulfing candle. Current price action confirms a short-term reversal with downside potential toward previous support levels.
Trade Setup:
• Entry Point: $2.905 – $2.910
• Stop Loss: $2.933
• Take Profit:
• TP1: $2.865
• TP2: $2.842
• Margin: 2–3%
• Leverage: 10x
Market Outlook:
Momentum shift to the downside after bull trap near highs. Breakdown continuation toward $2.84 zone likely if $2.87 fails to hold.