🟥 $SUI /USDT Bearish Breakdown on Deck! 🚨📉
$SUI /USDT failed to hold its aggressive spike, rejecting hard near resistance with momentum fading fast. Price action is forming lower highs and signaling a likely bearish reversal, with sellers eyeing a sharp push lower.
📊 Short Trade Setup
• Entry Zone: $3.0120 – $3.0200
• TP1: $2.9308
• TP2: $2.9000
• Stop Loss: $3.0725
💡 Market Outlook: The rejection candle at $3.0725 confirms sellers have stepped in, shifting momentum bearish. As long as price stays below $3.0551, expect continuation toward the $2.90 zone deeper retracements may follow if that support fails.