📊 $SUI :Reversal or Just Another Fakeout? 👀📉

I’m watching SUI closely because the chart is giving me mixed signals. The price is currently around $1.0168, but the overall structure is still bearish, with lower highs and a descending trendline keeping the bulls under pressure. 🐻

The interesting part? Price is now testing the trendline, and a potential CHoCH (Change of Character) is on my radar. But let’s not celebrate too early — the bullish structure hasn’t been confirmed yet! 😂

🎯 My key levels:
🔹 Resistance: $1.02–$1.05
🔹 Major support: $0.92–$0.94
🔹 Potential downside: Around $0.90 if support breaks.

If SUI breaks above the descending trendline and confirms a bullish CHoCH, I’ll start looking for a possible recovery. 🚀 But if resistance rejects the price, a retest of the $0.92–$0.94 support zone remains on the table.

For now, I’m staying patient. I’d rather miss the first 2% of a confirmed move than become exit liquidity for a fake breakout! 😂🎯

Let price prove the reversal before I switch sides.

#SUI #CryptoTrading #TechnicalAnalysis #Crypto

$SUI