$SUI /USDT BEARISH ANALYSIS – POTENTIAL SHORT SETUP IN PLAY 🔻📉

SUI is showing signs of weakness after failing to break above its recent resistance. Momentum is slowing down, suggesting a potential pullback. Let's break it down:

🔹 Current Price: $3.8077

🔹 24H High / Low: $3.8559 / $3.6200

📌 KEY LEVELS:

🔸 Resistance:

$3.85 – Immediate resistance zone

$4.00 – Psychological resistance

🔸 Support:

$3.75 – Minor support

$3.62 – Strong support zone (24h low)

$3.50 – Next key support if breakdown continues

📉 TRADE SETUP (SHORT):

🔹 Entry: $3.80 – $3.82

🔹 Stop-Loss (SL): $3.86

🔹 Targets (TP):

TP1: $3.70

TP2: $3.62

TP3: $3.50

📊 RISK MANAGEMENT:

Use 2–3% of your capital per trade. Stick to your SL and don’t over-leverage. Always wait for confirmation (like a bearish candle close below $3.80) before entering. 🛡️📉

⚠️ Summary: Weak momentum below resistance with a lower high formation gives a bearish bias. If $3.80 breaks cleanly, expect further downside.

#CryptoTrading #BearishSetup #TechnicalAnalysis #BinanceHODLerTree #Write2Earn $SUI