$SUI is bearish. It is forming lower highs (1.26 to 1.22 to 1.19) and is currently testing immediate support at 1.18.
If support at 1.15 fails to hold, the short-term bias favors a deeper pullback.
🔴 Short scenario (preferred)
· 🎯 $SUI short entry: 1.19–1.20 (retest of the broken support)
· 🛑 Stop-loss: Above 1.23 (the recent lower high)
· 🚀 Take-profit:
· TP 1: 1.15 (immediate structural support)
· TP 2: 1.12 (lower boundary of the range)
· ⚠️ Note: The bearish thesis is invalidated if price reclaims 1.22 with strong volume.
🟢 $SUI long scenario: Valid only if price finds strong support at 1.10–1.12.
Support me by trading here 👇
#sui
If support at 1.15 fails to hold, the short-term bias favors a deeper pullback.
🔴 Short scenario (preferred)
· 🎯 $SUI short entry: 1.19–1.20 (retest of the broken support)
· 🛑 Stop-loss: Above 1.23 (the recent lower high)
· 🚀 Take-profit:
· TP 1: 1.15 (immediate structural support)
· TP 2: 1.12 (lower boundary of the range)
· ⚠️ Note: The bearish thesis is invalidated if price reclaims 1.22 with strong volume.
🟢 $SUI long scenario: Valid only if price finds strong support at 1.10–1.12.
Support me by trading here 👇
#sui
