$SUI
/USDT Short Trade Opportunity! 🔥📉
Current Price: $3.5750
🔻 Short Setup Details:
Entry Zone: $3.5500 - $3.6000
Stop Loss: $3.7000
🎯 Target Levels:
TP1: $3.4800
TP2: $3.4000
TP3: $3.3200
📊 Market Analysis:
$SUI is encountering significant resistance between the $3.6000 and $3.6500 range, where rejection signals are becoming increasingly apparent. Bearish momentum is gaining strength, and sellers are actively entering the market at these key levels.
If the price breaks below the $3.5500 support level, we can expect increased downward pressure, potentially pushing the price towards the lower targets outlined above.
💡 Trade Tip: It's crucial to wait for a confirmed breakdown below the $3.5500 level before entering the trade. A retest followed by a rejection of this level will further solidify the short setup.
⚠️ Risk Management: Always use appropriate position sizing and strictly adhere to stop-loss levels to manage risk effectively.