$SUI DEAD CAT BOUNCE OR REAL RECOVERY? ⚠️🐾
$SUI plunged over 8% in 24h, hitting a low of $2.8819 before a slight bounce to $2.9173. The weak uptick looks like a classic dead cat bounce — with sellers likely to reload if $2.94 fails to flip support. Momentum remains bearish unless bulls reclaim $3.00.
📉 Trade Setup (Bearish Bias)
• Entry (Short): $2.92 – $2.94
• TP1: $2.88
• TP2: $2.83
• SL: $3.00