Bearish Setup on $SUI /USDT – Short Trade Opportunity
SUI/USDT is showing weakness on the 15m chart after rejection near $3.76 resistance. The price is struggling to break higher and has started forming lower highs, signaling a potential bearish move. A breakdown continuation towards the recent support zone appears likely.
Entry: 3.7269
Target 1: 3.6503
Target 2: 3.6281
Target 3: 3.5788
Stop-Loss: 3.8789
Risk Management: Use 3–5% of capital allocation per trade. Shift stop-loss to entry after achieving Target 1 to protect gains.
Pro Tip: Monitor volume behavior — a surge in sell volume below $3.70 could confirm further downside momentum.