🚹 $SUI I Slips into the Danger Zone – Breakdown or Bounce Incoming? 🚹

SUI/USDT Perp – $2.7158 (-3.04%)

$SUI continues to drift lower inside a well-defined descending channel, consistently forming lower highs and lower lows — a classic sign of bearish pressure building. Right now, price is hanging around the mid-range, and this area could be the tipping point.

A rejection here might pull $SUI back down toward the $2.68 support, and if that breaks, we could see an accelerated drop. On the flip side, a strong breakout above $2.76 could shake off the bears and shift momentum back toward the bulls.

🎯 Trade Setup

đŸ”č Short Entry: Below $2.71

📉 Take Profits:

‱ TP1: $2.68

‱ TP2: $2.64

‱ TP3: $2.59

🛡 Stop Loss: $2.76

⚡ Momentum is fading — the next move could be explosive. Eyes on the breakout or breakdown. Stay ready.

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