🔻 $SUI /USDT Short-Term Bearish Signal

Entry Zone: 3.00–3.05 (on sign of rejection)

Target 1: 2.90

Target 2: 2.75

Stop-loss: Above 3.15 (clean invalidation)

Here’s what stands out:

Resistance Zone: Price is currently testing resistance around 3.00–3.05, which aligns with the neckline of a potential H&S (Head & Shoulders) formation.

Candle Wick Rejections are visible around this level — a sign of potential exhaustion.

Red EMA Curve (Downtrend Bias) is still pressuring the price from above.

Lower High Formation after previous swing high near 4.00 may signal continued bearish pressure.

🧭 Bearish Setup (Short-Term Idea):

Bearish Invalidation: A strong daily close above 3.15 with volume and EMA crossover flips the bias bullish.

Trade $SUI