Here's your quick breakdown for SUI/USDT:
SUI is dropping today, currently sitting just a little above the 24h low of $3.4659 — showing weakness.
Now, here’s your short-term SUI/USDT trade signal:
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SUI/USDT Short-Term Trade Signal (Day Trade)
Action: Sell
Entry Zone
$3.52 – $3.56
Take Profit Targets
TP1: $3.45
TP2: $3.35
TP3: $3.25
Stop Loss
$3.62
Technical Analysis
SUI rejected from $3.80+ and is trending lower.
MACD is likely deep in bearish territory.
RSI is below 45 — strong selling momentum.
Price action shows lower highs and lower lows (bearish pattern).
24h volume ($480M USDT) is decent, but pressure is downward.
Trade Strategy & Risk Management
Risk only 1–1.5% per trade.
Risk/Reward ratio about 1:2 or better.
Take partial profit at TP1, move Stop Loss to breakeven.
If price closes above $3.62 on 15m/30m chart, exit immediately.
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Optional Tip:
If SUI sharply dumps below $3.45, you could add small size for TP2/TP3 — but be cautious.