🔴 $SUI /USDT (15M) SHORT SETUP: CORRECTION INCOMING AFTER LOCAL TOP REJECTION!
SUI just completed an aggressive impulse move, tapping a sharp local high at $1.1871 before facing strong seller exhaustion and immediate rejection. The 15-minute timeframe is signaling a clear pullback towards major demand zones!
📉 TECHNICAL BREAKDOWN (15-Min Chart)
Current Price: $1.1593
Local Peak (Rejection Zone): $1.1871
Target Liquidity Zone: $1.0850 – $1.0900 (Marked Support)
Volume Exhaustion: Buying volume has dried up significantly at the top, allowing bears to push consecutive red candles down.
🎯 SHORT / DOWN TRADE SETUP
Entry Zone: $1.1600 – $1.1680 (On retest / rejection wick)
Target 1: $1.1350
Target 2: $1.1100
Target 3 (Key Support): $1.0850 (Targeting the recent swing low area)
Stop Loss (SL): $1.1920 (Above the local high)
💡 Trader Insight: After such a parabolic rally, a healthy retracement to test the previous breakout base (~$1.085) is highly probable to reset indicators. Keep risk tight and trade with the trend!
Are you shorting $SUI here or waiting for the dip to buy back? Drop your targets below! 👇
#BinanceSquare #SUI #CryptoSignals #ShortTrade #Bearish #TechnicalAnalysis #Altcoins
SUI just completed an aggressive impulse move, tapping a sharp local high at $1.1871 before facing strong seller exhaustion and immediate rejection. The 15-minute timeframe is signaling a clear pullback towards major demand zones!
📉 TECHNICAL BREAKDOWN (15-Min Chart)
Current Price: $1.1593
Local Peak (Rejection Zone): $1.1871
Target Liquidity Zone: $1.0850 – $1.0900 (Marked Support)
Volume Exhaustion: Buying volume has dried up significantly at the top, allowing bears to push consecutive red candles down.
🎯 SHORT / DOWN TRADE SETUP
Entry Zone: $1.1600 – $1.1680 (On retest / rejection wick)
Target 1: $1.1350
Target 2: $1.1100
Target 3 (Key Support): $1.0850 (Targeting the recent swing low area)
Stop Loss (SL): $1.1920 (Above the local high)
💡 Trader Insight: After such a parabolic rally, a healthy retracement to test the previous breakout base (~$1.085) is highly probable to reset indicators. Keep risk tight and trade with the trend!
Are you shorting $SUI here or waiting for the dip to buy back? Drop your targets below! 👇
#BinanceSquare #SUI #CryptoSignals #ShortTrade #Bearish #TechnicalAnalysis #Altcoins
