$SUI: Panic Selling Risk Increases as $SUI Tests Critical Floor
SHORT SETUP SUI
Entry: $0.91300 - $0.92130
Stop Loss: $0.95400
Take Profit: $0.84345 (2R)
Key Levels: Support $0.90150 | Resistance $0.92130
Technical Analysis for $SUI: All moving averages sit above price (EMA9 0.918, EMA21 0.922, EMA50 0.935, EMA200 0.979), confirming a downtrend. MACD line remains under its signal with a negative histogram, while ADX at 34 signals a strong trend. RSI at 37 and Stochastic K below 20 show momentum still weak, favoring a short bias near the 0.9213 resistance.
Market Context: BTC is in a bearish 4hour trend, down 1.75% over 24 h, and the broader market is broadly negative.
SHORT $SUI
SHORT SETUP SUI
Entry: $0.91300 - $0.92130
Stop Loss: $0.95400
Take Profit: $0.84345 (2R)
Key Levels: Support $0.90150 | Resistance $0.92130
Technical Analysis for $SUI: All moving averages sit above price (EMA9 0.918, EMA21 0.922, EMA50 0.935, EMA200 0.979), confirming a downtrend. MACD line remains under its signal with a negative histogram, while ADX at 34 signals a strong trend. RSI at 37 and Stochastic K below 20 show momentum still weak, favoring a short bias near the 0.9213 resistance.
Market Context: BTC is in a bearish 4hour trend, down 1.75% over 24 h, and the broader market is broadly negative.
SHORT $SUI
