still tracking $SUI, bounced into resistance and sellers showed up again
The moving-average structure is still bearish; any bounce needs to prove it can hold before the bias changes. The recent support area is around 0.7862, while resistance is near 0.8149. The 24-hour move stands at -1.22%, with the latest price near 0.7966. RSI is 51.1, a fairly balanced reading that leaves the next price reaction to decide direction. The short idea depends on sellers defending the entry zone, not simply on price falling quickly. Participation is still light at 0.4x average volume; I would not treat this as confirmed momentum yet. This sits in the top three of 19 setups that passed the scan filters, with the mapped entry and stop defining the risk.
Short setup | Spot chart | 15M
Entry: 0.7964–0.7976 | Stop Loss: 0.8098
TP1: 0.7782 / TP2: 0.7636 / TP3: 0.7439
#SUI #Write2Earn! #Binance #Crypto
The moving-average structure is still bearish; any bounce needs to prove it can hold before the bias changes. The recent support area is around 0.7862, while resistance is near 0.8149. The 24-hour move stands at -1.22%, with the latest price near 0.7966. RSI is 51.1, a fairly balanced reading that leaves the next price reaction to decide direction. The short idea depends on sellers defending the entry zone, not simply on price falling quickly. Participation is still light at 0.4x average volume; I would not treat this as confirmed momentum yet. This sits in the top three of 19 setups that passed the scan filters, with the mapped entry and stop defining the risk.
Short setup | Spot chart | 15M
Entry: 0.7964–0.7976 | Stop Loss: 0.8098
TP1: 0.7782 / TP2: 0.7636 / TP3: 0.7439
#SUI #Write2Earn! #Binance #Crypto
