🚀SUI/USDT Bearish Setup Alert!

SUI/USDT is showing signs of a reversal on the daily chart after hitting a high of 3.8700! Currently at 3.4185 (-5.97%), here’s the bearish play:

👉 Entry: Wait for a confirmed break below 3.3465 with a strong bearish candle (e.g., bearish engulfing).

👉Stop Loss: Set above 3.8700, around 3.9000, to manage risk.

👉Take Profit: First target at 3.0830, with a potential drop to 2.7694 if momentum continues.

👉 Confirmation: MACD histogram is narrowing (DIF: 0.3409, DEA: 0.2658), and a bearish crossover could confirm the move. Watch for declining volume on the breakdown.

👉Stay cautious—SUI has been in a strong uptrend (38.58% over 30 days), so confirmation is key! Risk no more than 1-2% of your account. Let’s see if this rejection holds!

#SUI

#Bearish #CryptoTrading #PriceAction

Disclaimer: Not financial advice. Always consult a financial advisor. Trade at your own risk.