๐ $SUI โ Bearish Short Setup | Rejection and Breakdown Watch ๐ด
SHORT ๐ด
๐ Entry Zone: $0.995 โ $1.010
๐ Stop Loss (SL): $1.050
๐ฏ Take Profit:
- TP1: $0.960
- TP2: $0.930
- TP3 (Final Target): $0.890
๐ Market Analysis:
SUI is facing bearish pressure after rejecting the $1.2969 high, suggesting that buyers have struggled to sustain the previous upward move. If sellers maintain control and price loses nearby support, the market could continue its pullback toward lower levels.
The $0.960 area is the first downside target. If bearish momentum strengthens and the breakdown continues, price could move toward $0.930, followed by the final target at $0.890. A confirmed rejection within the entry zone or a decisive break below support would provide stronger evidence for the bearish scenario.
๐ Key Level:
The $0.960 support level is critical for downside confirmation. A sustained breakdown below this level could open the way toward $0.930 and $0.890. If price instead recovers above the entry zone, the short thesis may weaken. A move to $1.050 invalidates the planned setup.
โ ๏ธ Risk Note:
Wait for confirmation before entering, manage position size carefully, and respect the stop loss. Price can reverse unexpectedly, so the targets are potential outcomesโnot guaranteed results.
Bearish bias while sellers maintain control and support remains vulnerable. ๐
Sell and Trade $SUI here ๐
DYOR.
SHORT ๐ด
๐ Entry Zone: $0.995 โ $1.010
๐ Stop Loss (SL): $1.050
๐ฏ Take Profit:
- TP1: $0.960
- TP2: $0.930
- TP3 (Final Target): $0.890
๐ Market Analysis:
SUI is facing bearish pressure after rejecting the $1.2969 high, suggesting that buyers have struggled to sustain the previous upward move. If sellers maintain control and price loses nearby support, the market could continue its pullback toward lower levels.
The $0.960 area is the first downside target. If bearish momentum strengthens and the breakdown continues, price could move toward $0.930, followed by the final target at $0.890. A confirmed rejection within the entry zone or a decisive break below support would provide stronger evidence for the bearish scenario.
๐ Key Level:
The $0.960 support level is critical for downside confirmation. A sustained breakdown below this level could open the way toward $0.930 and $0.890. If price instead recovers above the entry zone, the short thesis may weaken. A move to $1.050 invalidates the planned setup.
โ ๏ธ Risk Note:
Wait for confirmation before entering, manage position size carefully, and respect the stop loss. Price can reverse unexpectedly, so the targets are potential outcomesโnot guaranteed results.
Bearish bias while sellers maintain control and support remains vulnerable. ๐
Sell and Trade $SUI here ๐
DYOR.