#BinanceAlphaAlert #MarketRebound #BNBChainMeme #BNBChainMeme #DOGE SUI/USD has shown a strong upside move, but is now approaching a key supply zone around 2.46–2.64, which previously triggered significant sell-offs. Price action has printed an extended bullish leg, and risk-reward now favors a short setup.
Bearish Setup:
Entry: 2.4537 (current price)
Stop Loss: 2.6385 (above supply zone)
Target 1: 2.1761
Target 2: 1.8886 (major support zone)
Risk/Reward Ratio: ~1:3
Bias: Bearish
Confirmation: Rejection candle or bearish engulfing near current levels
This setup capitalizes on overextended price action and supply zone resistance. A clear break below 2.40 would strengthen the bearish case.
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👉Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! 🚀💸
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