$SUI USDT short tread signal 🚦 🛑

/USDT BEARISH PULLBACK UNDERWAY – BULL TRAP AT $3.06 REJECTION ZONE

$SUI/USDT attempted a breakout above $3.067 but faced immediate rejection, forming a sharp wick and lower high. The price is now consolidating below key resistance with dominant sell-side pressure (54.92%), indicating potential for a bearish reversal in the short term. Failing to reclaim $3.06 convincingly could invite downside momentum.

Trade Setup:

Short Entry: $3.035 – $3.055

Take Profit: $2.975 / $2.943 / $2.920

Stop Loss: $3.072

Leverage: 10x | Risk Allocation: 2-3% of wallet

Market Outlook:

With a -6.62% daily drop and waning bullish momentum near resistance, the market leans bearish. Unless bulls reclaim $3.07 with volume, further pullback is expected.

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