Short $SUI : sellers need to defend 1.136–1.139 on the 4H 👀
Price is at resistance. I'm waiting for sellers to step in here and push down. Over 1.16, I step aside.
What backs it:
- 4H price 1.14 is below EMA50 at 1.17, trend favors sellers.
- Risk 1.6% to SL vs 2.6% to TP3 offers a solid risk-reward.
- BTC short-term trend is bearish, adding pressure on SUI.
🔴 SHORT · Entry 1.136–1.139 · TP 1.127 / 1.119 / 1.108 · SL 1.156
NFA · DYOR
Price is at resistance. I'm waiting for sellers to step in here and push down. Over 1.16, I step aside.
What backs it:
- 4H price 1.14 is below EMA50 at 1.17, trend favors sellers.
- Risk 1.6% to SL vs 2.6% to TP3 offers a solid risk-reward.
- BTC short-term trend is bearish, adding pressure on SUI.
🔴 SHORT · Entry 1.136–1.139 · TP 1.127 / 1.119 / 1.108 · SL 1.156
NFA · DYOR
