$SUI is trying to stabilize, but the 4H structure still looks heavy 👀📉

SUI/USDT Perp | SHORT BIAS 🔴

🎯 Watch Zone: 1.1274 – 1.1382
🛑 Invalidation Area: 1.1598
✅ Support 1: 1.1034
🎯 Support 2: 1.0470
🔥 Major Resistance: 1.1808

Why This Setup?
SUI rejected from 1.2645 and has formed a clear 4H decline. Price remains below MA25 (1.1808) and is sitting around MA99 (1.1382), while the recent bounce has failed to produce a strong higher high.

The key area is 1.1274–1.1382. Continued rejection there keeps the bearish structure intact, while a strong reclaim of 1.1598 would weaken the setup. Volume also shows stronger selling during the recent breakdown. 👀📊

For me, the next confirmation around MA99 matters more than chasing the move.
$PEPE
$SAGA
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