$SUI /USDT short trade signal 🚦🛑
SHORT TRADE SETUP – REJECTION ZONE IN PLAY!
$SUI is facing consistent rejection near the $3.29 resistance zone after multiple failed attempts to close above $3.28. The recent candles are showing lower highs with declining volume, signaling bearish momentum building up. Price is now breaking down from minor support at $3.2613.
🔻 Trade Setup (Short):
Entry Price: $3.255 – $3.261
Target 1: $3.201
Stop Loss: $3.293
❗ Why Short?
The price has been range-bound below a strong supply zone. Multiple rejections near $3.29, coupled with bearish wicks and a drop in buy volume, signal a potential downside move. A clean break below $3.25 can accelerate bearish pressure.
📌 Risk Management Tip:
Place SL above $3.29 to avoid fake-outs. Adjust your SL to breakeven once price approaches $3.22.
Sell smart — don’t chase green candles when the trend is turning red!
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buy and trade here on $SUI
