$SUI /USDT SHORT TRADE SETUP
$SUI
is currently trading at 1.5395, showing strong bearish momentum on the 15-minute chart after being rejected from the recent intraday high. The price is challenging the 24-hour low of 1.5315, suggesting sellers are in control and attempting a breakdown.
The broader market technical analysis often shows SUI having a "Strong Sell" signal based on various moving averages and oscillators on longer timeframes.
Target Points
The following targets are based on potential continuation of the current bearish momentum shown in the 15-minute chart:
TP1: 1.5300 (Just below the 24h Low of 1.5315)
TP2: 1.5250 (Psychological support level)
TP3: 1.5180 (Potential deeper test if momentum accelerates)
Stop Loss
Set stop loss above 1.5480 to limit upside risk (Above the minor resistance/consolidation area).
Execute your own risk management.