SUI is showing a clear breakdown in market structure, with a recent surge in selling pressure. This downward momentum is setting up a prime shorting opportunity.
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🔴 $SUI SHORT 📉
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📍 Entry Range: $0.713286 – $0.714714
🛑 Stop Loss: $0.735420 (-3.0%)
🎯 TP1: $0.703290 (+1.5%)
🏆 TP2: $0.678300 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 91%
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The confluence of a CHoCH market structure break, CVD confirming the direction, and a clear FVG gap makes this setup highly compelling, especially with OB and POI overlap adding to the bearish case. Structure-wise, we're seeing a clean break of key levels, suggesting a strong likelihood of further downside. The combination of these signals firing off has me confident in this short setup.
With a 3.0% stop loss, which is on the tighter side, leverage will need to be carefully managed to avoid overexposure, likely fitting best with a lower to moderate leverage setup.
Taking partial profits at the first target could be a good strategy to bank some gains and reduce exposure, allowing the rest of the position to ride out the potential for further downside.
Not financial advice — always manage your own risk 🙏
$SUI #SUIUSDT #BinanceSquare #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🔴 $SUI SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $0.713286 – $0.714714
🛑 Stop Loss: $0.735420 (-3.0%)
🎯 TP1: $0.703290 (+1.5%)
🏆 TP2: $0.678300 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 91%
━━━━━━━━━━━━━━━━━━━━━
The confluence of a CHoCH market structure break, CVD confirming the direction, and a clear FVG gap makes this setup highly compelling, especially with OB and POI overlap adding to the bearish case. Structure-wise, we're seeing a clean break of key levels, suggesting a strong likelihood of further downside. The combination of these signals firing off has me confident in this short setup.
With a 3.0% stop loss, which is on the tighter side, leverage will need to be carefully managed to avoid overexposure, likely fitting best with a lower to moderate leverage setup.
Taking partial profits at the first target could be a good strategy to bank some gains and reduce exposure, allowing the rest of the position to ride out the potential for further downside.
Not financial advice — always manage your own risk 🙏
$SUI #SUIUSDT #BinanceSquare #TradingSignals #Write2Earn