SUI/USDT Short Signal Alert
I am seeing a potential short trade opportunity . SUI/USDT that is showing bearish momentum after a failed breakout above the 100 EMA (3.6671). The recent rejection at the 3.66–3.67 zone, along with downward EMA crossover and RSI below 50, indicates a short opportunity.
Entry Point:
3.58 (current price) or on a retest of 3.60–3.62 with confirmation.
Targets:
TP1: 3.50
TP2: 3.45
Stop Loss:
Above 3.67 (recent high/100 EMA).
Analysis:
Price rejected at 100 EMA.
Bearish EMA crossover (7 EMA below 20 EMA).
RSI(14)=47.5, showing downside momentum.
OBV is negative, confirming bearish volume flow.
This setup has a decent probability, but always enter in a trade after clear confirmation.
Risk Management:
Always manage your risk.
This is not financial advice—trade at your own risk!