$SUI Short Trading Signal
Downward Collapse - Support Broken, Further Decline Possible!
It has lost its grip on the support level of $3.32 and is now trading around $3.28, a decline of 6.7% over the day.
With sellers dominating and consistently forming lower highs, the price seems poised for further decline towards the next critical support areas at $3.20 and $3.04.
Unless the price recovers to $3.45, the momentum remains strongly bearish. Avoid over-leveraging as market volatility may increase near the psychological support level of $3.00.
🔻Trading Setup: Short Position
Entry: $3.28 - $3.32
Targets:
• 1: $3.20
• 2: $3.08
• 3: $3.01
Stop Loss: $3.45
Buy and trade here on $SUI
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