🚨 $SUI /USDT testing support after recent bounce — caution advised.
$SUI – SHORT (Bearish Setup)
Trade Plan:
Entry: 0.963 – 0.966
🛑 SL: 0.971
🎯 TP1: 0.955
🎯 TP2: 0.950
🎯 TP3: 0.945
Why this setup?
• Price failing to break recent high at 0.971 → resistance intact
• Lower highs forming → short-term bearish structure
• Volume dropping near resistance → buyers losing strength
• Risk of retest of 0.950 support → opportunity for shorts
Debate:
Will $SUI break down toward 0.945+, or rebound from support and resume bullish trend? 👀