$SUI
🔴 Trade Setup: SHORT Position
Trend Context:
- MACD: Bearish crossover (DIF < DEA, histogram negative) — momentum fading.
- Bollinger Bands: Price rejected from upper band (1.4868), now hovering near middle band (1.4768) — signals weakness.
- MA Structure: Price below MA(5) and MA(10) — confirms short-term bearish bias.
- Volume: Declining — suggests buyer fatigue.
🎯 Entry Zone:
Sell between 1.4750 – 1.4800
🎯 Targets:
- TP1: 1.4668 (lower Bollinger band)
- TP2: 1.4280 (24h low)
🛑 Stop Loss:
- SL: 1.4900 (above upper Bollinger band and recent rejection zone)
⏳ Timeframe:
Scalp to short-term swing (15min–1h)
✅ Trend Bias:
Bearish Reversal — indicators favor downside, but monitor MACD slope and band compression for confirmation.
Let me know if you'd like a long setup or want this visualized with a chart.