🚨 $SUI Imminent Breakdown – Scalp the Drop! 🔻
Entry 1: 1.420 – 1.445
Entry 2: 1.480 – 1.520
TP1: 1.365
TP2: 1.305
TP3: 1.245
SL: 1.565
$SUI is collapsing under relentless selling pressure – don't get caught long! 📉 This isn't a bounce; it's a breakdown in progress. Every rally is being smashed, confirming sellers are firmly in control.
The daily chart screams downtrend: lower highs, lower lows, and a decisive rejection at 1.42-1.44. Volume confirms the bearish narrative – red candles are dominant, and green candles lack conviction. Altcoin momentum is weak, and $SUI is leading the charge lower.
Spot traders, stay sidelined! Avoid fresh buys. Only consider accumulation near 1.28-1.24 after the selling pressure subsides. For futures traders, this is a high-probability scalp with tight risk.
Key levels to watch: 1.42-1.45 is a sell zone, and 1.48-1.52 will see even stronger rejection.
Target 1.36-1.30 initially, with potential for a deeper drop to 1.24. Protect your capital with a stop loss at 1.56.
Don't fade the trend. Shorts are favored below 1.52. Trade with precision, manage your risk, and capitalize on this clear opportunity. 🚀
#SUI #CryptoTrading #ShortSqueeze #Altcoin 🐻
