$SUI /USDT Trading Signal - Short Setup
Spot and Futures Analysis:
• Entry Zone: $4.65 - $4.68
• Targets: $4.55 / $4.48 / $4.40
• Stop Loss: Above $4.75
Market Insights:
SUI/USDT shows clear bearish momentum after failing to hold key resistance near $4.85. The price has broken downward from a short-term uptrend and is forming lower highs and lower lows, indicating increasing selling pressure.
Technical Breakdown:
• Resistance: $4.70 - $4.75
• Support: $4.55, followed by $4.48
• RSI: Trending near mid-levels; room for further downside before oversold.
Risk Management:
• Position sizing is critical. Use a tight stop loss above resistance ($4.75) to mitigate risk.
• Monitor volume for confirmation of bearish continuation. A break below $4.55 could trigger sharper selling pressure.