$SUI / USDT – SHORT
Trade Plan
Entry: $0.944 – $0.952
SL: $0.968
TP1: $0.932
TP2: $0.923
TP3: $0.910 (if breakdown expands)
Why This Setup?
4H Structure: Price is moving sideways after a rejection from $0.976, forming lower highs and weak consolidation under resistance.
MA Behavior: Price is stuck around MA(25) & MA(99), showing no strong bullish reclaim. This usually signals indecision before a move lower.
Price Positioning: Sitting just below MA(99) (~$0.949), which is acting as dynamic resistance.
Volume Behavior: No strong bullish push after the dump → suggests lack of buyer strength.
As long as price stays below $0.955, downside pressure remains toward $0.92 zone.
Debate:
Is SUI preparing for another push above $0.97…
Or is this just a distribution range before another leg down?
Trade $SUI here 👇
