๐Ÿ‘จโ€๐Ÿ’ป ๐Ÿ”ด Waiting โŒ Bearish Correction / Downtrend* ๐Ÿ“‰
Clear downtrend with lower highs/lower lows on 1H

๐Ÿ“ *Entry:*$SUI

๐ŸŽฏ *Long entry (wait color):* `1.15$` Strong support (green line) - being tested now ๐ŸŸข
๐ŸŽฏ *Short scalp entry:* `1.20$ - 1.25$` Near the downtrend line and resistance ๐Ÿ”ด

๐ŸŽฏ *Targets:*
๐Ÿฅ‡ *Short TP:* `1.15$ (-2.4%)` Unlocks support
๐Ÿฅˆ *Long TP after the bounce:* `1.25$ (+6%)` ๐Ÿ’ฐ Major resistance
๐Ÿฅ‰ *TP2:* `1.30$` ๐ŸŒ•

๐Ÿ›‘ *Stop loss:* `1.14$` for the long OR `1.26$` for the short โŒ

โš ๏ธ *Risk:* *High โš ๏ธ*
RSI 34.2 Oversold near sell exhaustion + MACD Bearish - MACD below Signal line + Volume weak red + Trend: Clear downtrend with lower highs/lower lows + Selling pressure continues ๐Ÿ’€

๐Ÿ“Š * I see SUI in a clear downtrend line from 1.25$ and it's currently falling to 1.1790$ - the price is now testing the 1.15$ support. If it breaks, we go to 1.10$ - if it holds, it should make a good bounce to 1.25$ - this is not the time to enter the market; itโ€™s time to wait for confirmation ๐ŸŽฏ

#sui #SuiNetwork #Binance ๐Ÿ’Ž
โš ๏ธ Educational only and not financial advice - the market is in a correction