$SUI is seeing a sharp decline today as the market prices in the latest wave of product announcements and infrastructure news. The price action is showing clear signs of exhaustion, and despite the positive headlines, the underlying flow remains heavy with sellers remaining aggressive.
I am looking to short SUI using 5x isolated leverage. I have a limit order set in the $1.08 to $1.10 zone, as the current structure is strictly bearish on both the 4H and 1H timeframes. My stop loss is placed at $1.14, just beyond the recent swing lows. I am targeting $1.05 for my first exit, at which point I will move the stop to breakeven, followed by $1.01 and $0.9814 for the remaining targets. While the crowd is still holding a net long position, the breakdown below key EMAs and the lack of buyers suggests further downside.
Short SUI 4H/1H | 5x isolated
Entry: $1.08 - $1.10
Targets: $1.05 / $1.01 / $0.9814
Stop loss: $1.14 (move to entry after TP1)
ROE at 5x: +20% / +36% / +50% | stop -23%
$BTC
I am looking to short SUI using 5x isolated leverage. I have a limit order set in the $1.08 to $1.10 zone, as the current structure is strictly bearish on both the 4H and 1H timeframes. My stop loss is placed at $1.14, just beyond the recent swing lows. I am targeting $1.05 for my first exit, at which point I will move the stop to breakeven, followed by $1.01 and $0.9814 for the remaining targets. While the crowd is still holding a net long position, the breakdown below key EMAs and the lack of buyers suggests further downside.
Short SUI 4H/1H | 5x isolated
Entry: $1.08 - $1.10
Targets: $1.05 / $1.01 / $0.9814
Stop loss: $1.14 (move to entry after TP1)
ROE at 5x: +20% / +36% / +50% | stop -23%
$BTC