đŽ $SUI â FUTURES SHORT đ | Bearish Trend Continuation Setup
SUI is trading around $1.0484 on the 4H chart, with a clear pattern of lower highs and lower lows. Price remains below the Bollinger middle band at $1.0791, indicating bearish pressure. A short setup may develop if the current bounce fails near resistance.
đ Entry Zone: $1.0500â$1.0650
đ Stop Loss: $1.0820
đŻ TP1: $1.0300
đŻ TP2: $1.0100
đŻ TP3: $0.9950
⥠Leverage: 10xâ20x
đ° Risk Management: Risk a maximum of 1% of total capital.
đ Technical Context
âą Current Price: $1.0484
âą Resistance: $1.0650â$1.0791
âą Support: $1.0290, then $0.9935
âą Price remains below the Bollinger middle band, with weak recovery momentum.
â ïž Confirmation: Wait for a bearish rejection in the entry zone before shorting. A strong 4H close above $1.0791 weakens the setup. If price breaks below $1.0290 first, avoid chasing; wait for a retest.
Trade $SUI Here đ
â ïž Not financial advice. Levels are based on your screenshot and may change rapidly. Always use a stop-loss and manage risk carefully.
#SUI #altcoins #CryptoTrading #Binance #FuturesTrading
SUI is trading around $1.0484 on the 4H chart, with a clear pattern of lower highs and lower lows. Price remains below the Bollinger middle band at $1.0791, indicating bearish pressure. A short setup may develop if the current bounce fails near resistance.
đ Entry Zone: $1.0500â$1.0650
đ Stop Loss: $1.0820
đŻ TP1: $1.0300
đŻ TP2: $1.0100
đŻ TP3: $0.9950
⥠Leverage: 10xâ20x
đ° Risk Management: Risk a maximum of 1% of total capital.
đ Technical Context
âą Current Price: $1.0484
âą Resistance: $1.0650â$1.0791
âą Support: $1.0290, then $0.9935
âą Price remains below the Bollinger middle band, with weak recovery momentum.
â ïž Confirmation: Wait for a bearish rejection in the entry zone before shorting. A strong 4H close above $1.0791 weakens the setup. If price breaks below $1.0290 first, avoid chasing; wait for a retest.
Trade $SUI Here đ
â ïž Not financial advice. Levels are based on your screenshot and may change rapidly. Always use a stop-loss and manage risk carefully.
#SUI #altcoins #CryptoTrading #Binance #FuturesTrading