$SUI SHOWING REJECTION AT KEY RESISTANCE – SHORT SETUP 🔥
Entry: 0.7295 - 0.7320 🔥
Target: 0.7200 🚀
Stop Loss: 0.7375 ⚠️
Price just got slapped down from the same zone that has acted as resistance three times this week. Volume is fading on the bounce and the 15m chart shows a clear lower high forming. As long as we stay below 0.7375, the path of least resistance is lower.
The first target at 0.7200 gives a solid 2:1 R:R if you catch the entry near the low end. Are you taking this short or waiting for a retest of the rejection candle?
Not financial advice. Always manage your risk.
#SUI #ShortSetup #ResistanceRejection #Sui #Crypto
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Entry: 0.7295 - 0.7320 🔥
Target: 0.7200 🚀
Stop Loss: 0.7375 ⚠️
Price just got slapped down from the same zone that has acted as resistance three times this week. Volume is fading on the bounce and the 15m chart shows a clear lower high forming. As long as we stay below 0.7375, the path of least resistance is lower.
The first target at 0.7200 gives a solid 2:1 R:R if you catch the entry near the low end. Are you taking this short or waiting for a retest of the rejection candle?
Not financial advice. Always manage your risk.
#SUI #ShortSetup #ResistanceRejection #Sui #Crypto
⚡