💥SUIUSDT Technical Outlook | Rebound Fade Setup at Key Resistance
🎯 Trade Setup (Short Bias)
Entry: 0.9245 – 0.9313
Stop Loss: 0.9483
TP1: 0.9075
TP2: 0.9007
Risk-managed setup with clear invalidation. ⚠️
🧱 Market Structure
SUI is still trading inside a broader bearish structure after a strong sell-off from the 1.03 zone.
The recent bounce looks like a relief rally / pullback, not a full trend reversal.
Structure favors sell-on-rise until a clean breakout above resistance. 📉
📐 Technical Details & Key Levels
Major Resistance: 0.93 – 0.95
Immediate Support: 0.907 – 0.900
Strong Support Zone: 0.887 – 0.875
Price rejection from 0.93–0.95 could trigger continuation toward 0.90 and below.
Failure to hold 0.90 may open the path for a deeper move into 0.88 support. 👀
🔮 Outlook
Short-term outlook remains cautiously bearish.
As long as price stays below 0.95, downside targets remain active.
A confirmed breakout and hold above 0.95 would invalidate this setup. ⚠️
Always manage risk and trade responsibly. 🛡️