$SUI BEARISH PULLBACK – SHORT OPPORTUNITY EMERGING
$SUI faced a sharp rejection from the $3.97 zone after failing to hold intraday highs, triggering a quick downside move. The breakdown from local support levels suggests sellers are regaining control, with potential for further retracement if momentum continues.
Trade Setup (Short):
Entry Zone: $3.84 – $3.88
Targets:
TP1: $3.81
TP2: $3.78
TP3: $3.74
Stop Loss: Above $3.98
Market Outlook:
The failure to sustain above $3.95 and rising sell volume indicate a cooling-off phase after recent gains. If price closes below $3.82 on the 15m–1h chart, deeper corrections may follow toward mid-$3.70s.