đš $SUI /USDT â Bears in Control, Downside Pressure Builds â ïžđ
$SUI is currently displaying clear bearish momentum after failing to sustain a move above the $3.3294 resistance level. The market is now sliding lower and is testing a critical support zone near $3.2054. Selling pressure has increased, and the formation of lower highs on the chart further confirms the persistence of a short-term downtrend.
Unless buyers step in aggressively and defend this support area, thereâs a strong possibility that the price will continue to drift lower in the near term.
đ» Trade Setup (Short Position):
Entry Zone: $3.222 â $3.235
Target Levels (TP):
First Target: $3.205
Second Target: $3.180
Final Target: $3.150
Stop Loss (SL): $3.260
đ Market Outlook:
$SUI remains in a bearish phase as long as it struggles to break above the key resistance around $3.330. Traders should pay close attention to the reaction at current support levels for signs of a potential rebound. However, the immediate trend continues to favor sellers, and downside pressure is expected to persist unless a strong reversal emerges.
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