🔄 $SUI /USDT – Bear Pressure Easing? Time for a Reversal Play? 🧐🔥
After today’s sharp dip, $SUI is showing early signs of life. The price has bounced from the key $3.6910 support and is now testing resistance levels with cautious momentum. Could this be the start of a bullish reclaim?
📊 Market Snapshot:
• Current Price: $3.7448
• 24h Range: $3.6519 – $4.2480
• Support: $3.6910
• Resistance: $3.7550 – $3.7950
• Trend: Short-term bearish with early bounce signs
• Order Book Sentiment: Bears still lead (65.35%)
📌 Trade Setup:
• Entry Zone: $3.7350 – $3.7450 (triggered only on reclaim of $3.7550)
• 🎯 TP1: $3.7950
• 🎯 TP2: $3.8500
• 🛡 Stop Loss: $3.6900
⚙️ Technical View:
$SUI needs to reclaim and hold above $3.7550 to flip momentum. If confirmed, we could see a push to test higher resistances with decent R:R.
⚠️ Risk Note:
No confirmation = no trade. Watch for fakeouts near resistance. Respect SL at $3.6900 to avoid deeper downside traps.
🧠 Strategy Breakdown:
We’re playing a reclaim breakout from support with volume confirmation. Bears dominate for now, but a reclaim could trigger short liquidations and a sharp bounce toward mid-range levels.
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