๐ $SUI
$SUI /USDT Perp โ Trade Idea
Market Structure:
SUI has seen a sharp sell-off from the 1.79โ1.80 area, breaking short-term structure and flushing liquidity down to 1.708. After the dump, price is attempting a weak bounce, but momentum is still bearish.
Volume spike on the dump confirms strong seller presence. Current move looks more like a dead-cat bounce unless buyers reclaim key resistance.
๐ Key Levels
Resistance: 1.76 โ 1.78
Immediate Support: 1.72 โ 1.71
Major Support: 1.70
Invalidation Zone: Above 1.80
๐ฅ Primary Plan โ SHORT (Preferred)
Short Entry Zone:
๐ 1.76 โ 1.78 (retest of breakdown zone)
Stop Loss:
โ 1.81 (above previous high & structure)
Targets:
๐ฏ TP1: 1.72
๐ฏ TP2: 1.70
๐ฏ TP3: 1.66 (if momentum accelerates)
Bias: Bearish below 1.78
Risk-to-Reward: โ Favorable
Trade here ๐ $SUI
$SUI /USDT Perp โ Trade Idea
Market Structure:
SUI has seen a sharp sell-off from the 1.79โ1.80 area, breaking short-term structure and flushing liquidity down to 1.708. After the dump, price is attempting a weak bounce, but momentum is still bearish.
Volume spike on the dump confirms strong seller presence. Current move looks more like a dead-cat bounce unless buyers reclaim key resistance.
๐ Key Levels
Resistance: 1.76 โ 1.78
Immediate Support: 1.72 โ 1.71
Major Support: 1.70
Invalidation Zone: Above 1.80
๐ฅ Primary Plan โ SHORT (Preferred)
Short Entry Zone:
๐ 1.76 โ 1.78 (retest of breakdown zone)
Stop Loss:
โ 1.81 (above previous high & structure)
Targets:
๐ฏ TP1: 1.72
๐ฏ TP2: 1.70
๐ฏ TP3: 1.66 (if momentum accelerates)
Bias: Bearish below 1.78
Risk-to-Reward: โ Favorable
Trade here ๐ $SUI
