🛠 Trade Setup for SUIUSDT Futures
Timeframe: 1 Hour (H1)
Trend: Market is in a downtrend with minor recoveries (lower highs and lower lows).
Key Levels:
Resistance: $3.09, $3.22, $3.35
Support: $2.91, $2.63
📉 Short (Sell) Setup:
🔻 Entry:
Wait for price to reject resistance at $3.09 or $3.22.
Look for bearish confirmation (e.g., red candle, volume increase).
🎯 Targets:
TP1: $2.91
TP2: $2.63
🛑 Stop Loss:
Above $3.35 (strong resistance).
📈 Long (Buy) Setup:
🟢 Entry:
Buy near support at $2.91 or $2.63.
Look for a bounce confirmation (green candle, volume spike).
🎯 Targets:
TP1: $3.09
TP2: $3.22
🛑 Stop Loss:
Below $2.60 (if price breaks this, trend may continue down).
⚡️ Additional Tips:
✔️ Use RSI & MACD to confirm entry points.
✔️ Use trailing stop to lock profits.
✔️ Manage risk with proper position sizing (avoid overleveraging).