Trading Plan: Short $SUI 📉
$SUI has broken below the key $0.68 support level, shifting the short-term structure in favor of the bears after a weak recovery attempt.
📍 Entry: $0.6720 – $0.6860
🛑 Stop Loss: $0.7010
🎯 Targets:
• TP1: $0.6600
• TP2: $0.6350
• TP3: $0.5900
The breakdown below support suggests selling pressure remains dominant, with price trading below key moving averages and bearish momentum building. If the breakdown holds, further downside toward the listed targets becomes possible. A decisive move back above $0.7010 would invalidate the bearish setup.
Trade $SUI here 👇
#Rmj #ChinaBlacklists40MoreJapanEntities
#PBOCSetsOvernightLiquidityRateBelowForecasts
$SUI has broken below the key $0.68 support level, shifting the short-term structure in favor of the bears after a weak recovery attempt.
📍 Entry: $0.6720 – $0.6860
🛑 Stop Loss: $0.7010
🎯 Targets:
• TP1: $0.6600
• TP2: $0.6350
• TP3: $0.5900
The breakdown below support suggests selling pressure remains dominant, with price trading below key moving averages and bearish momentum building. If the breakdown holds, further downside toward the listed targets becomes possible. A decisive move back above $0.7010 would invalidate the bearish setup.
Trade $SUI here 👇
#Rmj #ChinaBlacklists40MoreJapanEntities
#PBOCSetsOvernightLiquidityRateBelowForecasts