$SUI Bearish Pressure Building – Watch for Breakdown
Trade: Bearish
Entry Range: 3.9250 - 3.9850
Take-Profit Targets:
TP1: 3.9150
TP2: 3.8900
TP3: 3.8600
TP4: 3.8300
Stop Loss: Set above 4.1000
Why This Trade?
SUI/USDT is currently trading around 3.9353, showing a slight decrease of 0.48%. The recent price action indicates increasing bearish pressure, with the price struggling to hold above previous support levels. If it breaks below the recent low of 3.8902 with significant volume, it could signal further downside. This setup offers a potential opportunity to profit from a move towards lower support levels.