$SUI Outlook
SUI remains under bearish pressure as sellers continue defending key supply zones. The market structure still favors downside continuation unless bulls reclaim critical resistance levels with strength.
Current outlook suggests a likely move toward 0.9817 first. If sellers maintain momentum and liquidity below support gets swept, the next downside targets sit around 0.9634 and potentially 0.9117.
Short Setup Idea: The highest probability short scenario would be a retracement into the 1.0042–1.0145 supply zone followed by a clear bearish rejection. Traders should watch closely for signals like bearish engulfing candles, pin bars, or momentum shifts on lower timeframes before entering.
A strong rejection above 1.0042 that closes back below resistance could trigger another wave of selling pressure. In that case, 0.9817 becomes the first target, followed by 0.9634 if bearish momentum accelerates. Risk management remains essential, with stop-loss placement above the latest swing high around 1.0145.
Bullish Scenario: Bulls only regain short-term control if price sweeps the 0.9844 low, prints a strong reversal candle, and quickly reclaims that level with bullish momentum confirmation. If that happens, upside targets shift toward 1.0042 and 1.0145.
However, a decisive breakout and sustained hold above 1.0145 — especially above the equilibrium level near 1.0212 — would invalidate the bearish structure entirely and open the path toward 1.0343 and potentially 1.0640.
Patience and confirmation remain key in this market environment. Avoid chasing moves blindly and let the price action confirm direction before entering.
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