$SUI USDT short tread signal ๐ ๐ฆ
BEARISH SETUP โ A POTENTIAL SHARP DUMP LOADING SOON ๐จ
SUI is currently rejecting from the upper resistance zone around $2.92-$2.93 with strong bearish intent. If this rejection sustains, we can expect a swift move down towards the next support area, offering a clean shorting opportunity for intraday traders.
๐ป TRADE SETUP (SHORT):
Entry Zone: $2.915 - $2.925
Take Profit Targets:
โ TP1: $2.900
โ TP2: $2.885
Stop Loss: $2.932
๐ MARKET OUTLOOK:
Momentum is weakening near the resistance block, and unless bulls regain immediate control above $2.93, sellers are likely to push the price back down to the lower support at $2.88. The structure remains bearish on the lower timeframe with rejection wicks forming at the top.
โ ๏ธ Risk Management: Trade with strict stop-loss and manage position size according to your capital to minimise losses in case of reversal.
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