$SUI 🚨 SUI/USDT Technical Breakdown 🚨
💰 Price: $3.8597 | 📉 24h High: $4.0017 | 📉 24h Low: $3.7960
⚠️ Bearish Reversal Alert!
SUI hit a resistance zone near $4.00, but failed to break higher — forming a rejection wick, a classic sign of selling pressure. This signals a potential strong bearish reversal from the top.
📉 Resistance:
🔺 $4.00 – $4.08 — Strong rejection zone
🔺 Heavy sell pressure indicated by the long wick
📉 Support Levels to Watch:
🔻 $3.53 – EMA(7)
🔻 $3.18 – EMA(25)
🔻 $2.95 - $2.58 – Previous consolidation and breakout zone
📊 Indicators Flashing Caution:
MACD showing overbought conditions
Volume spike with a red candle = distribution
Potential drop toward $3.50 → $2.90 if bearish momentum builds
💡 Strategy:
✅ Watch for breakdown confirmations
❌ Avoid long entries near resistance
🔍 Wait for bounce signals near key support
🧠 Remember: Trend is your friend until the end. Don’t catch a falling knife!