📊 Trade Setup: $SUI — Sharp 1H Reversal After Extended Up Move

SUI rejected from 1.66 resistance and broke back under 1H EMAs with a high-volume sell candle. MACD turned bearish and RSI is not yet oversold, signaling downside pressure remains.

🔻 Short Entry: 1.62–1.64 (weak bounce after breakdown)

🎯 Take-Profit Targets:

TP1: 1.57 – Local support

TP2: 1.51–1.52 – 4H support + BB lower band zone

🛑 Stop-Loss: ❌ 1.66 (reclaim of previous resistance)

Risk:Reward: ~1:2+

⚠️ Risk Factors

SUI can move sharply on volume spikes.

If SUI closes above 1.66, short setup is invalid.

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