$SUI I/USDT BEARISH OUTLOOK – SHORT ENTRY SETUP
$SUI has entered a clear bearish phase following continuous rejection from the upper resistance zone. Price action forms a descending structure, showing sellers maintaining dominance. Weak recovery attempts and rising volume on downswings confirm sustained distribution pressure.
Technical Overview:
- Lower highs and lower lows forming on 4H chart.
- Bearish momentum confirmed by RSI staying below midline.
- Key supports being tested repeatedly without solid bounce signals.
Trade Setup:
Entry: Short below support confirmation after minor pullback.
Targets (TP):
• TP1 – 2.120
• TP2 – 2.060
• TP3 – 1.990
Stop Loss (SL): 2.280
Risk Management:
Keep risk per trade under 2%, maintain discipline on SL, and secure profits gradually as targets hit.
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