📉SHORT: $SUI (15M)
Analysis:
SUI/USDT has broken the diagonal trendline on the 15-minute timeframe, suggesting a potential trend reversal. Currently, it's showing local support around $0.9855 and resistance near $1.1165. With the break, a short position seems favorable as the price may decline.
Price Targets:
For short positions, look for a drop towards the support level at around $0.9855. If the bearish momentum continues, the next targets would be $0.9331 and potentially as low as $0.8666. Watch resistance at $1.1165 for any potential bullish reversals.
