Short Trade Signal:$SUI

Market Context:

Price dropped sharply from $4.20 to $4.02.

All EMAs (7, 25, 99) are sloping downward — indicating a strong bearish trend.

MACD is negative and widening — confirming bearish momentum.

High red volume candles show strong seller control.

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Short Trade Plan:

Entry Point (Short):

$4.05 – $4.08

Ideal if price makes a weak bounce toward resistance (EMA(7) or EMA(25)) and shows rejection (like a red candle or wick on top).

Stop-Loss:

$4.13

Just above the EMA(25) and recent resistance zone.

Take-Profit Targets:

TP1: $4.00 (psychological support)

TP2: $3.94 (below the recent low)

TP3: $3.85 (if bearish momentum continues)

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Risk-Reward Estimate:

Risk: ~$0.05–0.08

Reward: ~$0.10–0.20+

R:R = 1:2 to 1:3 (good setup)

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Tips for Confirmation Before Entry:

Look for a bearish engulfing candle or lower high near $4.05–$4.08

Watch for weak volume on the bounce, followed by strong red candles