SUI / USDT – Bearish Continuation Setup 📉
Sui (SUI) continues to trade under steady sell side pressure within its macro downtrend. Price action is encountering lower wick rejections favoring a high probability continuation leg down toward sub dollar liquidity targets.
📊 Trade Setup & Parameters
* Position: SHORT 🔴
* Entry Zone: 1.1289 – 1.1403
* Target 1 (TP1): 1.0303
* Target 2 (TP2): 1.0272
* Target 3 (TP3): 0.9939
* Stop Loss (SL): 1.1742
Sellers maintain firm control of market structure with consistent lower highs. Holding below the 1.1742 invalidation level keeps this bearish continuation thesis fully active.
⚠️ Risk Management
Maintain strict position sizing and cap total trade risk at 1%–2% of account equity. Lock in partial profits at Target 1 and shift your Stop Loss to Breakeven once the first target is hit.
#BINANCESQUARE #Crypto #SuiNetwork #Write2Earn #TechnicalAnalysis
$SUI
$APT
$SEI
Sui (SUI) continues to trade under steady sell side pressure within its macro downtrend. Price action is encountering lower wick rejections favoring a high probability continuation leg down toward sub dollar liquidity targets.
📊 Trade Setup & Parameters
* Position: SHORT 🔴
* Entry Zone: 1.1289 – 1.1403
* Target 1 (TP1): 1.0303
* Target 2 (TP2): 1.0272
* Target 3 (TP3): 0.9939
* Stop Loss (SL): 1.1742
Sellers maintain firm control of market structure with consistent lower highs. Holding below the 1.1742 invalidation level keeps this bearish continuation thesis fully active.
⚠️ Risk Management
Maintain strict position sizing and cap total trade risk at 1%–2% of account equity. Lock in partial profits at Target 1 and shift your Stop Loss to Breakeven once the first target is hit.
#BINANCESQUARE #Crypto #SuiNetwork #Write2Earn #TechnicalAnalysis
$SUI
$APT
$SEI