BearishChannel

$SUI Slips into Bear Zone – Breakdown or Bounce Ahead? 🚨**

**#SUIUSDT** (Perp) | **$2.7221** (-2.81%)

**Key Observations:**
- **Descending Channel Dominance**: $SUI is printing consistent lower highs & lows, signaling bearish control.
- **Make-or-Break Zone**: Price is testing mid-channel resistance. A rejection here could trigger a drop to **$2.68** (lower trendline).
- **Bullish Flip Potential**: A decisive close above **$2.76** (upper trendline) may invalidate the downtrend.

**🎯 Trade Setup (Aggressive)**
- **Short Entry**: Below **$2.71** (confirmation of rejection)
- **TP1**: $2.68
- **TP2**: $2.64
- **Final TP**: $2.59 (demand zone)
- **SL**: $2.76 (channel breakout)

**⚠️ Note**: Wait for **price action confirmation** (e.g., bearish engulfing candle for shorts, bullish close above $2.76 for longs). Risk management is key!

**#SUI #CryptoTrading #TechnicalAnalysis #BearishChannel #BinanceSquareTalks **

---

$SUI

🚨 $SUI Slips into the Bear Zone – Breakdown or Bounce Ahead? 🚨

$SUI is trading within a clear descending channel, showing persistent lower highs and lower lows. Currently hovering near the mid-range, a rejection from this level could drag the price back toward the lower boundary around $2.68. However, a breakout above the upper trendline (~$2.76) could flip sentiment bullish. Traders should wait for confirmation.

🎯 Trade Setup:
Short Below: $2.71
TP1: $2.68
TP2: $2.64
Final TP: $2.59
SL: $2.76

#SUI #CryptoTrading #BearishChannel #TradeSetup #Binance

$NIL
/USDT – Breakdown Holding, More Pain Ahead?

NIL trades at 0.520 with steady lower highs – forming a descending channel, confirming bearish bias.

Entry: 0.519–0.521
Target: 0.402
Stop Loss: 0.557

Unless it reclaims 0.540+, trend favors sellers. Weak bounces signal distribution.

Short Setup Active on NIL
#NIL #BearishChannel #CryptoShort #AltcoinSetup #TrendContinuation