#SUI
$SUI
🚨 SUI/USDT Trade Signal 🚨

📌 Market Sentiment: Bearish Continuation

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🔹 Position Details

🔸 Direction: Short (Sell)
🔸 Entry Zone: $2.72 - $2.78
🔸 Stop Loss: $2.85 (-3.5%)
🔸 Target 1: $2.63 (🎯 60% probability)
🔸 Target 2: $2.55 (🎯 40% probability)
🔸 Stop Loss Probability: 32%

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📊 Trade Setup Analysis

❌ Strong Downtrend: SUI/USDT remains below key moving averages (7MA, 25MA, 99MA), confirming bearish momentum.
❌ Increased Selling Volume: High sell-side activity suggests continued downward pressure.
❌ Momentum Indicators:
🔹 RSI (22.20) nearing oversold, but no confirmed bullish divergence.
🔹 Stochastic RSI (62.73) indicates a possible relief bounce before further downside.
🔹 MACD remains negative, with no bullish crossover in sight.

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⚠️ Key Risks & Considerations

⚡ Potential Short-Term Bounce: Price could briefly retest $2.75 - $2.78 before resuming its downtrend.
⚡ Liquidity Grabs: Market makers may push price above $2.78 before a continuation lower.
⚡ Support at $2.63: If broken, expect deeper downside towards $2.55.

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🔸 THIS IS MY ANALYSIS 🔸

📌 Please do your own research, and if it aligns with your strategy, then consider taking the trade.