$SUI /USDT โ€“ Short Trade Opportunity Unfolding! ๐Ÿšจ

Current Price: $3.8150 (+1.27%)

$SUI just hit resistance at $3.8750 and is beginning to reject from the top, forming a potential lower highโ€”setting the stage for a short play.

Key Levels:

Resistance: $3.8750

Support: $3.7080

Short Trade Setup:

Entry Zone: $3.8300 โ€“ $3.8600

TP1: $3.7700

TP2: $3.7250

TP3: $3.6850

Stop Loss: $3.8850

Market Insight:

The price shows a double top rejection pattern on the 15M chart with decreasing bullish momentum and volume fading. Bearish engulfing candles are forming below $3.8400.

Pro Tip:

Look for entry after a failed breakout or a strong bearish candle confirmation under $3.8300. Manage size carefully due to SUIโ€™s volatility.

Momentum coolingโ€”perfect time for bears to take the shot!

$SUI

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