$SUI: Open Interest Drops Rapidly: Long Squeeze Underway

SHORT SETUP SUI

Entry: $1.0940 - $1.0950
Stop Loss: $1.1330
Take Profit: $1.0175 (2R)

Key Levels: Support $1.0533 | Resistance $1.1408

Technical Analysis for $SUI: A break below 1.0945 targets 1.0165; a rise above 1.133 invalidates the trade. SHORT bias targets continuation toward support, with resistance as the invalidation level. The stop loss defines the risk level for this setup. The listed entry and target provide the trade plan. SHORT bias targets continuation toward support, with resistance as the invalidation level.

Market Context: BTC is in a mild bullish 24h move (+0.38%) and the broader market is broadly positive (75% green). SUIs overbought signals contrast

SHORT $SUI