$SUI is approaching a critical supply zone, and the recent recovery is starting to lose momentum.
SHORT SETUP: $SUI
Entry: 0.674 - 0.690
SL: 0.730
TP1: 0.660
TP2: 0.645
TP3: 0.620
The latest rebound has pushed SUI back into a resistance area where sellers may begin absorbing fresh buying pressure. Price is struggling to maintain strength above this zone, while the lower-side liquidity remains vulnerable.
If sellers successfully defend the supply area and momentum continues to weaken, SUI could rotate toward the lower support levels and potentially revisit the recent structure lows.
Risk management remains essential. Avoid overleveraging and adjust your position size according to your strategy.
DYOR (Do Your Own Research).
SHORT SETUP: $SUI
Entry: 0.674 - 0.690
SL: 0.730
TP1: 0.660
TP2: 0.645
TP3: 0.620
The latest rebound has pushed SUI back into a resistance area where sellers may begin absorbing fresh buying pressure. Price is struggling to maintain strength above this zone, while the lower-side liquidity remains vulnerable.
If sellers successfully defend the supply area and momentum continues to weaken, SUI could rotate toward the lower support levels and potentially revisit the recent structure lows.
Risk management remains essential. Avoid overleveraging and adjust your position size according to your strategy.
DYOR (Do Your Own Research).