📉 $SUI Market Update — Downtrend Still Intact
$SUI is currently moving within a clear short-term downtrend, consistently printing lower highs and lower lows after multiple rejections from key resistance zones. Sellers remain in control of the structure.
📍 Current Situation:
Price is now reacting from a demand area. If this zone holds with acceptance, we may see a corrective bounce toward the upper range/resistance levels.
⚠️ Important Context:
This would be a relief move, not a confirmed trend reversal. The broader bias stays bearish unless $SUI can reclaim and hold above key resistance with strong volume.
🧠 Key Takeaway:
• Demand holding → short-term bounce possible
• Failure to hold demand → continuation lower
• Trend reversal only after structure shift
Trade the structure. Stay patient. 📊
