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$SUI /USDT – Bearish Continuation Likely as Support Weakens

Current Price: 1.5415 USDT
SUI has been in a steady downtrend on the lower timeframes, with sellers clearly maintaining control. The recent candles show repeated rejections from minor bounce levels, followed by a gradual grind downward — a structure that typically signals continuation rather than reversal.

Price is sitting near local support, but the lack of bullish momentum suggests a potential breakdown if sellers push slightly harder.
📉 Short Setup (Scalp / Intraday Bias)

A short position becomes favorable only if SUI breaks below the 1.5370 support zone with momentum.

🎯 Entry Range (Short):

1.5350 – 1.5450
(Wait for confirmation of breakdown — avoid entering early.)

📌 Stop Loss:

1.5660
(Above the most recent lower-high structure.)

📝 Targets:

TP1: 1.5200
TP2: 1.5050
TP3: 1.4850
📊 Outlook

As long as SUI trades below 1.5750, the market structure remains bearish on the short-term charts.
Only a strong reclaim above 1.6000 would invalidate this bearish continuation setup and open the door to a reversal.

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