$SUI
– RELIEF BOUNCE OR JUST A DEAD CAT?
BOUNCED FROM $3.3543 LOW TO $3.5084
STILL STRUGGLING BELOW KEY RESISTANCE AT $3.54
$SUI posted a mild recovery after touching $3.3543, but overall structure remains weak. The price is caught in a short-term range, facing strong resistance near $3.54. Bulls must reclaim and hold above $3.60 to confirm a trend reversal. Otherwise, downside pressure remains.
Trade Setup (Bearish Bias):
Short Entry: Below $3.49
SL: $3.55
TP1: $3.42
TP2: $3.36
Only a clear breakout above $3.60 could flip sentiment.
#SUI #ProjectCrypto #TrumpTariffs #MarketPullback #FOMCMeeting