Sui Holder's Is It Going Down..??๐ค
๐ Current technical picture
Indicator Level Interpretation
Price $1.1530 Pullback zone
MA(7) $1.1598 Immediate resistance
MA(25) $1.1719 Stronger resistance
MA(99) $1.1234 Major dynamic support
Recent high $1.2177 Major resistance
Recent low $1.0045 Major swing support
Price is below the 7 & 25 MA but still above the 99 MA. That means short-term momentum has weakened, while the broader 15m structure has not yet completely broken.
๐ข Setup 1 โ LONG on confirmation
Don't chase at $1.153.
Wait for SUI to reclaim the $1.160โ$1.172 zone and preferably get a 15m candle close above it.
Entry: $1.162โ$1.173 after confirmation
Stop-loss: $1.145
TP1: $1.190
TP2: $1.210
TP3: $1.217โ$1.225
A stronger breakout above $1.218 with volume could open the door to another continuation move.
๐ Long alert
$1.160 โ watch for reclaim
$1.172 โ stronger confirmation
$1.145 โ bullish setup invalidation
๐ด Setup 2 โ SHORT on rejection
This is particularly interesting if price rises into the $1.160โ$1.172 resistance zone and gets rejected with increasing selling volume.
Entry: $1.160โ$1.172 after bearish rejection
SL: $1.185
TP1: $1.145
TP2: $1.130
TP3: $1.123โ$1.115
The $1.123 area is important because it is close to the 99 MA shown on your chart.
๐ Short alert
$1.160โ$1.172 โ rejection = short setup
$1.185 โ invalidation
$1.123 โ major support / take-profit zone
๐ก Setup 3 โ Breakdown short
If SUI loses $1.145 decisively and a 15m candle closes below it, don't immediately short the first red candle.
Instead, wait for a retest of $1.145โ$1.150 from below.
Possible setup:
Short: ~$1.143โ$1.150 on failed retest
SL: ~$1.163
TP1: $1.130
TP2: $1.123
TP3: $1.105
This gives a cleaner risk-defined entry than chasing the breakdown.
At $1.153: ๐ก WAIT
The price is sitting between important levels, so the risk/reward isn't especially clean.
Bullish trigger:
$1.160 โ $1.172 reclaim + volume
Bearish trigger:
$1.145 breakdown + failed retest
Major support:
$1.123โ$1.130
Major resistance:
$1.172โ$1.180, then $1.218
โ ๏ธ Risk management
Because this is SUI perpetual futures, avoid using high leverage simply because the chart has moved strongly. After a move from roughly $1.00 to $1.2177, volatility can produce rapid liquidation wicks.
