🚨 Technical Analysis for Stock $SUI - Potential Sell Opportunity

The stock $SUI has entered the resistance area of 3.7300 - 3.8500, which previously represented a major support zone. On the four-hour time frame, momentum indicators show overbought conditions, while the upper wicks on the recent candles indicate buyer exhaustion.

If stock $SUI does not close above the level of 3.8500, it may be followed by a pullback before any potential bullish continuation.

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📉 Short Setup

Entry Area: 3.7300 - 3.8500

First Profit Target: 3.5500

Second Profit Target: 3.3200

Third Profit Target: 3.1000

Stop Loss: 3.9500

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💡 Note: A confirmed breakout above the level of 3.9500 with strong trading volume will invalidate this setup and may push the price towards

4.2000+.

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