$SUI /USDT BEARISH SETUP AFTER STRONG REJECTION FROM KEY RESISTANCE
$SUI /USDT has faced multiple rejections from the 3.52 resistance zone, forming a double top pattern on lower timeframes. Momentum indicators like MACD show bearish divergence, while price is beginning to roll over with decreasing bullish volume. This suggests a potential downside move in the short term.
SHORT ENTRY: 3.50–3.52
TARGETS:
TP1: 3.41
TP2: 3.32
TP3: 3.22
STOP LOSS: 3.56 (above recent high and resistance zone)
Risk Management: Maintain a risk-to-reward ratio of at least 1:2. Use tight stop loss and avoid overleveraging. Always respect your stop and secure profits at targets.
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