$SUI relief rally fading as resistance caps upside.
SHORT: SUI
Entry: 0.95 – 0.96
Stop-Loss: 1.030
TP1: 0.890
TP2: 0.830
TP3: 0.770
SUI has bounced into a defined resistance zone and is now showing signs of exhaustion. The recovery lacks strong continuation, with momentum fading as price struggles to establish acceptance above local supply.
Lower highs are beginning to form on smaller timeframes, signaling that sellers are gradually stepping back in. If resistance continues to reject upside attempts, the path of least resistance shifts toward a rotation into lower liquidity pockets beneath recent support.
As long as 1.030 remains protected as the invalidation level, the setup favors continued downside progression toward the outlined targets.
Trade $SUI here 👇

SUIUSDT
Διην.
0.9234
-3.14%