$SUI /USDT BEARISH PRESSURE – SUPPORT TESTING NEAR $3.50 🔻
SUI/USDT is trading at $3.53 (-7.74%), showing heavy selling after rejecting from $3.89. Price is hovering just above the $3.52 support, but bears remain in control as momentum weakens. A breakdown below $3.50 could accelerate further downside.
Trade Setup:
Entry (Short): $3.54 – $3.50
Targets (TP): $3.45 / $3.38 / $3.30
Stop Loss (SL): $3.60
Market Outlook:
SUI remains under strong bearish pressure, with sellers dominating the market. If buyers fail to defend $3.50, the next leg down is likely. However, holding above $3.50 could bring a short-term relief bounce before further decline.
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