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📉 Coin Pair: SUI/USDT
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Technical Analysis for SUI/USDT
On the 30-minute chart, a descending triangle pattern is forming, typically signaling bearish momentum. Key indicators such as the Relative Strength Index (RSI) are also showing bearish signals, suggesting a continuation of the downtrend. Additionally, SUI/USDT has recently broken below its support line, reinforcing the likelihood of further downside.
Signal Details (Short Position)
Entry: 4.1494 or Market Price
Take Profit Targets:
1. 3.6411
1. 2.3933
1. 1.2379
Stop Loss: 4.8888
Leverage: 5x - 10x
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