$SUI Trading Signal - Short Opportunity Identified
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CVX
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Entry Range: $4.3800 - $4.4500
Target 1 (TP1): $4.2500
Target 2 (TP2): $4.1700
Stop Loss (SL): $4.4900
Market Scenario:
$SUI/USDT is facing rejection after multiple fake-outs near resistance, indicating a potential downward move. Traders may consider shorting within the identified entry range, targeting support zones. Watch for any price action signals confirming the bearish momentum.
Pro Tip: Adjust your stop loss closer to the entry after reaching TP1 to lock in profits while managing risks effectively.