SUI is showing signs of continued bearish pressure on the 2H chart. After a sharp breakdown from the $1.12–$1.14 supply zone, price dropped aggressively toward the $1.02 area before staging a relief bounce. However, this recovery has not yet demonstrated a convincing bullish reversal, and price is currently trading around $1.0595 beneath the previous breakdown structure. My focus remains on a potential retracement into the $1.12–$1.135 supply zone, where sellers could regain control if price fails to reclaim and hold above resistance. A rejection from this area could open the door for another bearish move toward the recent lows around $1.02, with further downside possible if that support gives way. The key is patience. I want to see price return to the marked zone and show clear rejection before considering a short setup. Until buyers establish stronger market structure above supply, the bearish scenario remains my preferred outlook. This is a technical projection, not a guaranteed outcome. Confirmation and proper risk management remain essential. #BTC Price Analysis# #Macro Insights# $SUI