TRADING SIGNAL: $SUI /USDT
Pair: $SUI USDT
Direction: SHORT 🔴
Entry: 1.0119 – 1.0125
Take-Profit Targets
TP 1: 0.9779
TP 2: 0.9548
TP 3: 0.9201
TP 4: 0.8900
Stop-Loss
SL: 1.0587
Market Breakdown
Trend: Counter-trend short setup on the 1H timeframe following a sharp rejection at the 1.06 resistance level, forming a potential double top / false breakout pattern.
Moving Averages & Indicators: Price has dropped back through {MA}(7) and is directly retesting the long-term {MA}(99) support zone. RSI(14) has rolled over from overbought levels (~65) down into neutral territory (~50–52). The MACD histogram (12, 26, 9) shows rapidly shrinking green momentum bars as signal lines cross downward above zero, signaling momentum exhaustion.
Volume: Decreasing buyer volume on recent green candles followed by red distribution candles confirms selling pressure at key resistance levels.
$SUI
Pair: $SUI USDT
Direction: SHORT 🔴
Entry: 1.0119 – 1.0125
Take-Profit Targets
TP 1: 0.9779
TP 2: 0.9548
TP 3: 0.9201
TP 4: 0.8900
Stop-Loss
SL: 1.0587
Market Breakdown
Trend: Counter-trend short setup on the 1H timeframe following a sharp rejection at the 1.06 resistance level, forming a potential double top / false breakout pattern.
Moving Averages & Indicators: Price has dropped back through {MA}(7) and is directly retesting the long-term {MA}(99) support zone. RSI(14) has rolled over from overbought levels (~65) down into neutral territory (~50–52). The MACD histogram (12, 26, 9) shows rapidly shrinking green momentum bars as signal lines cross downward above zero, signaling momentum exhaustion.
Volume: Decreasing buyer volume on recent green candles followed by red distribution candles confirms selling pressure at key resistance levels.
$SUI
