$SUI /USDT – Bearish Pressure Building After Rejection From Resistance
$SUI is currently trading at $3.4901, showing early signs of a potential trend reversal. After reaching a 24H high of $3.6352, the price has consistently faced rejection, forming lower highs on the 30-minute chart.
Short Trade Setup (Cautious Bias):
Entry Zone: $3.5000 – $3.5200
Stop Loss: Above $3.5650
Target 1: $3.4400
Target 2: $3.3900
Target 3: $3.3200
Market Insight:
With a 24H volume of 49.51M SUI and $174.33M in USDT traded, the market is active, but recent candles suggest weakening momentum. The failure to hold above $3.60 has opened the door to further downside.
Key Level:
If SUI breaks below $3.48 with volume, a sharper move toward $3.40 support is likely.
