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Coin- #SUIUSDT
Signal- Short
*READ MY POST CAREFULLY , SIGNAL IS DOWN TO MY POST*
We can see that SUIUSDT is down trend & the whole Crypto market is downtrend . So we will go for shorts only . We should follow the trends . Cause trend is our friend. On the chart we can see that SUIUSDT has break down the support of EMA RIBBON & follows down trend. We can see a lot of Bearish volume increasing. So that is a sign of bearish way. We can also see that RSI is 50% below, meaning there will be a dump on SUIUSDT. And MACD is already on SHORTS. MACD always indicates us earlier before the market makes a move. So from these analysis we can go short on SUIUSDT.
On Liquidation Heatmap, we can see that there is still Liquidity left on the down side. So it will be a wrong decision to go Long on SUIUSDT now. First we will go short & then we will find a position to go long but we will not go long on SUISUDT now.
We can see that USDT Dominance is Bullish, so that means there will be Dump on the crypto market & a Pump on Dollar market. It is the simply way to understand the market situation.
From all of the above analysis I have mentioned , I will go short on SUISUDT. If you think my analysis is perfect, then you can take these actions.
Signal-
Entry- 3.33
TP- 3.23
