📉⚠️ $SUI /USDT – BEARISH PRESSURE DOMINATING ON 4H ⚠️📉
SUI is currently trading around $1.6504, showing clear downside pressure after rejecting the $2.0268 resistance area. With momentum weakening and RSI pulling downward, the chart suggests continuation of a bearish short-term trend unless buyers step in aggressively. 📉🐻
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🔍 KEY TECHNICAL LEVELS
Current Price: $1.6504
Resistance Levels:
R1: $1.7200
R2: $1.7600
R3: $1.8500
Support Levels:
S1: $1.5950 (immediate support)
S2: $1.5600
S3: $1.5200 (strong support zone)
Price is forming lower highs and sliding toward support, confirming a bearish bias on the 4H timeframe.
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📉 TRADE SETUP – SHORT ENTRY
Entry Zone: $1.6500 – $1.6700
Targets:
TP1: $1.5950
TP2: $1.5600
TP3: $1.5200
Stop-Loss: $1.7200 (above resistance + structure break)
This setup follows the downward trend continuation toward key support levels.
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🛡️ RISK MANAGEMENT
Risk 1–2% only, avoid chasing candles, and move SL to breakeven once TP1 hits. Protect capital first. ⚖️💼$SUI
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