📉 $SUI

SUI

1.0196

+5.02%

/ USDT

Heavy Sell-Off — Relief Bounce or Bear Trap?

SUI is under intense bearish pressure on the 1H chart, down nearly 18% and still printing lower highs and lower lows after rejecting from the 1.15–1.17 supply zone. Liquidity was swept near 0.78, and price is now attempting a weak rebound into the 0.88–0.90 area, which has flipped into immediate resistance.

As long as SUI stays below 0.95, this move looks like a corrective bounce, not a trend reversal. Sellers remain firmly in control, and momentum favors continuation lower.

Trade Setup (SHORT):

• Entry: 0.88 – 0.91

• TP1: 0.84

• TP2: 0.80

• TP3: 0.76

• Stop Loss: 0.97

Until buyers reclaim and hold above key levels, rallies are likely to be sold into, not chased. Risk tight, patience first.