$SUI USDT Short Trade Setup: Precision Play!🔥💯
1. Entry Zone: $4.30 - $4.32
2. Stop Loss (SL): $4.48 (above key resistance)
3. Take Profit 1 (TP1): $4.15 (recent support level)
4. Take Profit 2 (TP2): $4.00 (major psychological level)
Analysis:
• The price is in a clear downtrend with a bearish breakout below $4.35.
• 30-minute chart shows weakening momentum and failed recovery attempts.
• Short-term support is at $4.20, but further downside is anticipated.
Risk Management:
• Position size appropriately to avoid overexposure.
• Adjust SL to breakeven if TP1 is reached to secure profits.
Market Outlook:
Sustained rejection at $4.35 could accelerate selling pressure, pushing towards the $4.00 zone. Monitor closely for volume and momentum confirmation.
Trade Wisely!