$SUI
SUIUSDT
Perp
1.614
+0.37%
BEARISH TECHNICAL ANALYSIS
SUIUSDT is showing a weakening structure on the 1H timeframe after failing to hold above the recent swing high. Price action has shifted into lower highs and lower lows, reflecting increasing selling pressure. Rejection from the upper resistance zone and repeated bearish candles suggest a continuation pullback toward the lower demand area if resistance remains intact.
Trade Setup (Short):
Entry Zone: 1.6000 – 1.6300
Targets:
TP1: 1.5600
TP2: 1.5200
TP3: 1.4800
Stop Loss:
1.6600