$SUI /USDT – Bearish Reversal Confirmed.....
Market Structure & Price Action
SUI has faced strong rejection from the local resistance, followed by a decisive bearish candle that breaks short-term support. The structure shows a lower high formation and increasing selling pressure, indicating a bearish reversal rather than a simple pullback. Momentum currently favors sellers, with downside continuation likely if support fails to hold
Trade Setup (Short Bias)
Entry Range:
1.56 – 1.59 (Pullback into resistance / rejection zone)
Targets:
🎯 Target 1: 1.54
🎯 Target 2: 1.52
🎯 Target 3: 1.50
Stop Loss (SL):
1.61 (Above resistance & structure invalidation)
Bias & Expectations
Price holding below 1.59 keeps the bearish structure intact.
Any weak bounce into resistance is likely to be sold into.
A clean break below 1.54 can accelerate the move toward deeper demand levels.
Short Outlook (Market Continuation)
Shorts remain favored while price trades below 1.59 – 1.60.
Bearish momentum strengthens if volume expands on the downside.
Bullish reversal only becomes valid if price reclaims and holds above 1.61.
