$SUI /USDT Short Trade Setup
High-conviction idea for active traders
Entry: $4.58
Take Profit (TP):
Target 1 (TP1): $4.50
Target 2 (TP2): $4.40
Stop Loss (SL): $4.66
Why Short This?
The market exhibits a strong downtrend, with $4.58 serving as a key resistance level.
A sustained breakdown below this level may indicate further downside potential, aligning with broader market sentiment.
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Pro Tips for Execution:
Wait for confirmation: Look for bearish momentum or a rejection at the resistance before entering.
Risk management: Once TP1 is achieved, move your SL to breakeven to minimize risk.
Stay disciplined—follow your plan regardless of market noise.
Monitoring broader trends like #BullCyclePrediction and #OnChainLendingSurge.
Trade Smart, Stay Profitable!