SUIUSDT.P: short setup from daily support at 1.1773
SUIUSDT.P is heading down after a pump, updating its local low almost every day.
Yesterday we stayed above the 1.1773 level — the price where the downward move stopped and above which the asset has been consolidating for two days.
We recently confirmed the level with a fakeout, and so far there is no strong reaction to it, which shows buyer weakness.
Therefore, I am waiting for volatility to drop (since it's currently very high) and a good approach to the level. If I see this on the chart, I will likely open a short.
SUIUSDT
دائم
0.8206
-5.79%
NFA. DYOR.