$SUI /USDT – Reversal in Progress After $2.28 Peak! Bears Taking Over

SUI rallied to a fresh high of $2.2852, but momentum quickly shifted as sellers took control. Price is now trading at $2.1745, still up +4.05% but showing clear signs of weakness after the strong rejection.

24H Overview:

High: $2.2852

Low: $2.0868

Volume: 66.18M SUI / $146.17M USDT

Market Insight:

The 15-minute chart shows a strong uptrend followed by a classic rounding top and sharp drop. A breakdown through $2.21 support triggered panic selling. The structure now favors more downside unless bulls reclaim $2.22+ quickly.

Trade Setup – SHORT OPPORTUNITY ACTIVE:

Entry Zone: $2.17 – $2.20

Target 1: $2.10

Target 2: $2.05

Final Target: $1.98

Stop Loss: $2.23

Why This Trade?

Failed breakout with a lower high formation and volume spike on red candles confirms short-term bearish bias. The trend has shifted in favor of sellers.

Pro Tip:

Ideal for short-term scalping. Avoid entering late — watch for any reclaim of $2.23 before invalidating this short setup.

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