$SUI (4H) — Trend Continuation Short

Bias: Bearish

Entry Zone: $1.065 - $1.085

Targets:

TP1: $1.030

TP2: $0.995

TP3: $0.950

Stop Loss: $1.115

Why this Setup:

SUI continues to respect a clear bearish higher timeframe structure after the explosive rejection from the $1.40 region. Since topping out, the chart has consistently printed lower highs and weaker recovery attempts, showing that sellers remain firmly in control.

The recent sideways movement near $1.06 doesn’t look like accumulation yet — it looks more like a pause after sustained downside pressure. Momentum has slowed, but buyers still haven’t shown enough strength to reclaim any major resistance levels.

What makes this setup interesting is the compression forming directly above support. If that floor finally gives way, downside expansion could accelerate quickly as trapped longs begin exiting positions.

Until the market proves otherwise, rallies into resistance still look like opportunities for sellers to re-enter trend continuation.