SUI: Bull Trap Keeps Bears in ControlSUI / TetherUSBINANCE:SUIUSDTDukesMarketAnalysisBull Trap at Resistance SUI's failure to reclaim the $1.30 resistance zone proved to be another bull trap, with sellers quickly taking control after the breakout attempt. The rejection at both resistance and the 21-week EMA reinforces the bearish structure. Trend Remains Bearish The 21/8-week EMAs remain bearishly crossed, with price continuing to trade below both moving averages. Until these are reclaimed, rallies are more likely to be viewed as relief moves within the broader downtrend. Selling Pressure Easing Weekly selling volume has begun to ease into the recent lows, suggesting bearish momentum may be slowing. Even so, RSI remains below 50, indicating the bears still hold the technical advantage. Resistance Remains the Key The first level bulls need to reclaim is around $0.85, where previous support has now turned into resistance. A successful move back above this area would be the first meaningful sign that sentiment is beginning to improve. In Summary SUI remains firmly in a bearish structure after another failed attempt to reclaim major resistance. Although selling pressure has eased slightly into the lows, the bearishly crossed weekly EMAs and RSI below 50 continue to favour the downside. Bulls first need to recover the $0.85 resistance before the technical outlook begins to improve, otherwise the risk remains tilted towards further weakness.