📉 $SUI — Bearish Short Setup | Trendline Support Under Pressure
SHORT 🔴
SUI's trendline support appears vulnerable, and a confirmed breakdown could open the door to a deeper pullback. Sellers need to gain control and push the price below support for this bearish setup to develop.
📍 Entry Zone: $0.98 – $1.01
🛑 Stop Loss (SL): $1.07
🎯 Take Profit Targets:
- TP1: $0.96
- TP2: $0.93
- TP3: $0.90
📉 Market Analysis:
Price is approaching a critical trendline support area. If buyers fail to defend this level and bearish momentum increases, SUI could move toward $0.96 and $0.93, with $0.90 and $0.85 as further downside targets.
However, support has not necessarily broken yet. A strong bounce or recovery above the entry zone could delay the decline and weaken the short setup. Confirmation of a breakdown is important before entering.
🔑 Key Levels:
- Entry Zone: $0.98 – $1.01
- Trendline Support: Watch for a confirmed breakdown
- Downside Targets: $0.96 → $0.93 → $0.90 → $0.85
- Invalidation: $1.07
⚠️ Risk Note: Avoid entering solely on the expectation that support will fail. Wait for bearish confirmation, size your position carefully, and respect the stop loss.
Bearish Bias: A confirmed trendline breakdown could trigger further downside toward $0.85, while a recovery would challenge this outlook.
Sell and Trade $SUI here 👇
DYOR.
SHORT 🔴
SUI's trendline support appears vulnerable, and a confirmed breakdown could open the door to a deeper pullback. Sellers need to gain control and push the price below support for this bearish setup to develop.
📍 Entry Zone: $0.98 – $1.01
🛑 Stop Loss (SL): $1.07
🎯 Take Profit Targets:
- TP1: $0.96
- TP2: $0.93
- TP3: $0.90
📉 Market Analysis:
Price is approaching a critical trendline support area. If buyers fail to defend this level and bearish momentum increases, SUI could move toward $0.96 and $0.93, with $0.90 and $0.85 as further downside targets.
However, support has not necessarily broken yet. A strong bounce or recovery above the entry zone could delay the decline and weaken the short setup. Confirmation of a breakdown is important before entering.
🔑 Key Levels:
- Entry Zone: $0.98 – $1.01
- Trendline Support: Watch for a confirmed breakdown
- Downside Targets: $0.96 → $0.93 → $0.90 → $0.85
- Invalidation: $1.07
⚠️ Risk Note: Avoid entering solely on the expectation that support will fail. Wait for bearish confirmation, size your position carefully, and respect the stop loss.
Bearish Bias: A confirmed trendline breakdown could trigger further downside toward $0.85, while a recovery would challenge this outlook.
Sell and Trade $SUI here 👇
DYOR.