$SUI 👈👈 click here to trade
Chart Observations:
Price is currently around 3.246.
Clear lower high, lower low structure — trend is short-term bearish.
Small bounce from 3.22–3.24 support zone, but no strong bullish reversal candle yet.
Resistance above at 3.32–3.35 from previous rejection levels.
Trade Plan 1: Short Position (Trend Continuation)
Entry: Near 3.27–3.29 (wait for rejection from this area or bearish candle confirmation)
Stop Loss (SL): Above 3.33
Target 1: 3.22
Target 2: 3.12
Risk-Reward: ~1:2+
Trade Plan 2: Long Position (If Support Holds and Breakout Happens)
Entry: Only if 1H candle closes strongly above 3.30 with volume
Stop Loss (SL): Below 3.24
Target 1: 3.35
Target 2: 3.42–3.45
Best Strategy Now:
Watch for a pullback to 3.27–3.29. If rejection appears, it’s a good shorting opportunity.