$SUI — Pressure at resistance is easing, and a sell-off signal is forming 📉
Trading plan: Short $SUI
Entry: 1.225 - 1.230
Stop loss: 1.2588
Take profit: 1.1959 | 1.1508 | 1.1082
Why choose this setup?
SUI continues to be rejected below the descending trendline, while the 1.23 area remains a key resistance level. Price action is tightening beneath the supply zone, and a breakdown could trigger successive declines through 1.1959, 1.1508, and finally 1.1082. As long as 1.2588 holds, the bearish setup remains valid.
Trade $SUI 👇
Trading plan: Short $SUI
Entry: 1.225 - 1.230
Stop loss: 1.2588
Take profit: 1.1959 | 1.1508 | 1.1082
Why choose this setup?
SUI continues to be rejected below the descending trendline, while the 1.23 area remains a key resistance level. Price action is tightening beneath the supply zone, and a breakdown could trigger successive declines through 1.1959, 1.1508, and finally 1.1082. As long as 1.2588 holds, the bearish setup remains valid.
Trade $SUI 👇
