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!

$SUI