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$SUI – Short Bias (for now)
$SUI is still moving downward on the 1H chart after a long sell-off. The current sideways movement looks weak, more like a small pause before another drop, not a real trend reversal yet.
What’s happening:
Sellers are still in control
Buyers are weak and not showing strong conviction
No key resistance has been reclaimed yet
Trade idea (Short):
Entry: 1.13 – 1.16
TP1: 1.10
TP2: 1.06
TP3: 1.00
SL: 1.18
Bullish scenario (only if): If price breaks and holds above 1.18–1.20 with strong volume, then bias flips bullish. Until then, downside is favored.