$SUI /USDT SHORT TRADE SIGNAL – FAILED RECOVERY AFTER STEEP FALL!
$SUI plummeted from the $3.23 high and found temporary support near $2.88. After a weak bounce, the price is consolidating under $2.95, showing rejection wicks and lower highs. The 15-minute chart signals another bearish wave could be on the way.
Trade Setup (SHORT):
Entry: $2.94 – $2.97
Target 1: $2.90
Target 2: $2.88
Stop Loss: $3.01
Why Short?
The bounce lacks conviction and has failed to reclaim previous breakdown levels. With selling pressure returning and no volume breakout, this setup favors a continuation downward.
Risk Management Tip:
Respect your stop above $3.01 — if price reclaims it, bears are likely losing grip. Avoid overleveraging and stick to your plan.
Sell smart — don’t chase green candles when the trend is turning red!
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