$SUI losing bullish structure — dead cat bounces showing weak demand. Controlled breakdown ahead as supply blocks continue to reject price.

$SUI ShortSetup📊

• Entry: $1.52 – $1.56 retest OR $1.48

• TP1: $1.42

• TP2: $1.36

• TP3: $1.28

• SL: Above $1.62 (reclaim invalidates)

📌 Reasoning:

After the early pump, SUI failed to hold above $1.80 and shifted into lower-high structure. Every bounce since has been shallow and absorbed by supply around $1.52–$1.60, confirming distribution. The current price is sitting under previous support turned resistance with no bullish reclaim, meaning buyers are weak and liquidity is thinning. If $1.48 is lost or the retest gets rejected, continuation lower is the path of least resistance with clean downside liquidity levels toward $1.42 → $1.36 → $1.28.

Trade $SUI from here 👇

SUI
SUIUSDT
1.4728
-1.31%