$SUI/USDT TECHNICAL ANALYSIS: BEARISH BREAKDOWN $SUI
MARKET OVERVIEW
The chart exhibits a strong bearish momentum following a rejection at the 0.9764 resistance level. Price action has entered a steep decline, characterized by successive red candles and a breakdown below key moving average support. The current structural shift suggests that sellers are firmly in control, with the price hunting for deeper liquidity zones.
Take Profit 1: 0.8850
Take Profit 2: 0.8620
Take Profit 3: 0.8300
Stop Loss: 0.9350
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