$SUI /USDT short tread signal 🚦 🔴
BEARISH REJECTION – PRICE FACES STRONG RESISTANCE NEAR $3.23 ZONE!
$SUI attempted a short-term bounce after bottoming at $3.1790, but the recent green surge has stalled just below the average level of $3.2288. Price now faces immediate rejection pressure, hinting at a potential lower high formation.
Trade Setup (SHORT):
Entry Price: $3.220 – $3.230
Target 1: $3.190
Target 2: $3.165
Stop Loss: $3.255
Why Short?
The rejection wick near the $3.23 mark coincides with the Average Level (AVL), signaling potential exhaustion after a corrective pump. Lower highs and the failure to reclaim previous resistance around $3.26 suggest downside continuation unless bulls regain strength. Watch for breakdowns below $3.210 to confirm bearish pressure.
Risk Management Tip:
Use a stop above $3.255 to manage volatility. If Target 1 is hit, consider trailing your SL for protection and scaling out to lock partial profits.
Don’t let this breakout fake you out — sell smart, protect gains!
Ride the momentum before it fades — profits favor the fearless!
Sell and Trade here on $SUI
buy and trade here on $SUI