📉 $SUI — Chart Still Looks Weak. Wait For Confirmation.

Breakout hype faded fast. Price bleeding down with lower highs forming consistently on the 4H. Sellers still very much in control.

📊 What The Chart Is Saying

📉 Lower highs on every bounce attempt

🔴 Volume spikes happening on red candles — sellers are active not passive

⚠️ $0.75 support zone is the line that matters most right now

If $0.75 breaks cleanly — downside continuation could come very quickly with little support structure below.

💡 Could There Be A Relief Bounce?

After a drop this sharp — yes. Oversold conditions can produce fast bounces.

But a bounce is not a reversal. The chart needs to print a real reversal structure before calling this bullish again:

Higher low forming

Volume on green candles increasing

Clean reclaim of lost levels

Until that happens chasing candles here is gambling not trading.

📌 The Right Approach Right Now

This is a wait for confirmation setup. Not a hero trade.

Patience here protects capital. Confirmation here protects profits. 👇

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