🎯$SUI upside rejection strengthening as bearish structure rebuilds.
SHORT: SUI
Entry: 0.95 – 0.96
Stop-Loss: 1.030
TP1: 0.890
TP2: 0.830
TP3: 0.770
SUI’s recent bounce into resistance is losing momentum, with price struggling to secure acceptance above the local supply zone. The recovery appears corrective rather than impulsive, suggesting limited buyer conviction at current levels.
Lower timeframe structure is beginning to tilt bearish, as lower highs form and downside reactions extend more decisively. Continued rejection within the entry zone increases the probability of a rotation toward lower liquidity levels beneath recent support.
As long as 1.030 remains intact as the invalidation level, the setup favors sustained downside progression toward the projected targets.
Trade $SUI here 👇
$SUI