$SUI /USDT BEARISH CONSOLIDATION | SHORT TRADE SETUP ON LOWER HIGH PATTERN
Current Price: $3.3941 (-0.28%)
Trend: Bearish bias after rejection from $3.47 — forming lower highs with weakening momentum and volume.
KEY LEVELS TO WATCH:
Resistance Zones:
• $3.4400 – Immediate resistance
• $3.4745 – 24h high / key rejection point
Support Zones:
• $3.3094 – 24h low / key short-term support
• $3.2500 – Strong demand zone
TRADE SETUP – SHORT POSITION:
Entry: $3.3900 - $3.4100 (after weak bounce or bearish candle)
Target 1 (TP1): $3.3090
Target 2 (TP2): $3.2500
Stop Loss (SL): $3.4750
RISK MANAGEMENT:
Stick to 1-2% risk per trade. Price is in a squeeze zone — don’t jump in without confirmation (e.g., breakdown or rejection wick). Set stop loss strictly.
Summary: $SUI is slipping below key levels after rejecting near $3.47. Unless bulls reclaim $3.44+, short-term downside continuation is likely.
TRADE THE STRUCTURE — NOT EMOTION.
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