$SUI USDT – RALLY REJECTED AT $2.92! BEARS TAKE THE STAGE
REJECTION FROM KEY RESISTANCE ZONE
BEARISH CANDLE ENGULFS PREVIOUS GAINS
$SUI USDT attempted a breakout to $2.9190 but faced immediate resistance, forming a strong bearish engulfing candle on the 1H chart. Momentum slowed despite a rising MACD, hinting at a possible bull trap.
Short Trade Setup
Entry: $2.8850
Target: $2.8200
Stop Loss: $2.9250
A sustained move below $2.87 could trigger further downside, confirming a short-term reversal.
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