$SUI /USDT SHORT TRADE SIGNAL – BEARISH RETEST REJECTED!
Price failed to reclaim $3.22 resistance on the 30-min chart, forming lower highs after a weak bounce. Sellers are active again, pushing the price below $3.21 with bearish candles building pressure. This sets the stage for a possible retest of local lows if momentum continues.
Trade Setup (SHORT):
Entry Price: $3.2050 – $3.2200
Target 1: $3.1650
Target 2: $3.1200
Stop Loss: $3.2520
Why Short?
The rejection from $3.25 and subsequent lower highs show seller dominance. Volume faded on the bounce, and bearish engulfing patterns are appearing on the 30-min chart. If price breaks $3.1990 support, the next leg down becomes more likely.
Risk Management Tip:
Always protect your capital — if $3.25 is reclaimed with strength, exit the short and reassess. Use tight SL and avoid over-leverage.
Don’t let this breakout fakeout catch you sleeping — sell early, lock gains, and protect capital!
Ride the momentum before it fades — profits favor the fearless!
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