š $SUI USDT Short Trade Setup
Just entered a short position after price respected the descending channel and got rejected from the upper boundary.
š» Entry: $3.954
ā Stop Loss: $3.964 (above channel resistance)
ā
Target: $3.910 ā $3.905 (channel support area)
š§ Reason for Entry:
Clear bearish channel formation
Multiple rejections from trendline resistance
Momentum shifting downside after failed bullish recovery
š Plan: Ride the trend till it loses momentum or breaks out of the structure.