$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 is exhibiting clear bearish momentum after failing to sustain above the key resistance zone near $4.85. The price has broken down from a short-term uptrend, forming lower highs and lower lows, which signals intensified selling pressure.
Technical Breakdown:
Resistance Levels: $4.70 - $4.75
Support Levels: $4.55, followed by $4.48
RSI Analysis: RSI is hovering near mid-levels, suggesting there’s still room for further downside before entering oversold territory.
Risk Management:
Tight stop loss above $4.75 ensures risk is minimized.
Position sizing is critical—maintain discipline by only risking a small percentage of your portfolio.
Watch for volume spikes to confirm bearish continuation. A decisive break below $4.55 could lead to accelerated selling.
Key Levels to Watch:
Breakout Trigger: A move below $4.55 could signal further downside to $4.48 or $4.40.
Invalidation Zone: Price action above $4.75 would invalidate the short setup.
Current Price: $4.7729 (+3.42%)
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