$SUI STRUGGLING BELOW KEY RESISTANCE – BEARS IN CONTROL FOR NOW
$SUI /USDT failed to hold above the $4.20 mark and has now retraced sharply, touching a low of $3.5293. The current price sits around $3.6629, showing a -4.81% decline in the past 24 hours.
Key Observations:
The price rejected hard from the $4.20 resistance zone
Heavy selling volume triggered a drop toward $3.52
Recovery attempts remain weak, suggesting bearish pressure is still dominant
Short Trade Setup:
Entry Zone: $3.66 – $3.70 (on bounce)
TP1: $3.53
TP2: $3.42
Stop-Loss: Above $3.84
Unless bulls reclaim $3.80+, downside risk remains. Watch for a break below $3.52 for further weakness.
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