SUIUSDT: bearish continuation toward $0.60SUI / TetherUSBINANCE:SUIUSDT3CommasThe Macro Picture 🗺️ SUI's 4-month accumulation base between $0.78 and $1.00 collapsed in late May, with the macro floor giving way and price flushing into a capitulation low at $0.66 — a textbook structural reset that cleared out the entire range and rewrote the broader trend in two weeks. The $1.00 decision zone now sits as a distant ceiling, while $0.85 has flipped into upper supply that bears will defend aggressively. Price is mean-reverting from the deeply oversold June print with RSI climbing off 22 back toward 35. The Setup ⚙️ The Broken Decision Zone: The $1.00 line that capped the entire February–May range is now structural resistance — the path back to it requires chewing through multiple layers of overhead supply that did not exist a month ago. The Upper Supply: The $0.85 line marks the underside of the broken base and the first meaningful ceiling any bounce will face. Bulls desperately need to reclaim it to even attempt a serious recovery. The Reaction: The June capitulation wick into $0.66 swept liquidity sitting under the prior macro floor and produced the relief bounce currently in play. RSI mean-reversion from deep oversold is consistent with corrective lift, not a trend reversal. The Trigger: A failed reclaim attempt at $0.85 followed by a clean 1D close below $0.66 confirms the structural low has broken and opens the path of least resistance to the next liquidity pocket beneath. The Roadmap: Primary target sits at $0.60 — the white projection traces continuation lower from rejected supply through the $0.66 structural low into the extension pocket where bears can take profit and bulls can attempt a meaningful reaccumulation. Invalidation: a sustained 2D close above $0.85 would invalidate this bearish thesis and signal the broken-floor flip has failed.