Everyone’s eyeing the daily chart, but $SUI is gearing up for action on the 4H.
$SUI - SHORT Setup:
Entry: 0.8890 – 0.8958
Stop Loss: 0.9127
Targets: 0.8722 / 0.8655 / 0.8520
Why this trade?
The 4H setup favors a short with a tight stop above resistance. Lower timeframe RSI shows room for a drop, and the daily trend remains bearish. Entry zone gives a good risk/reward for the next move down.
Question to watch: Is this the start of a new downward leg, or a possible fake-out before a reversal?
Trade smart, manage risk. 👇
SUIUSDT
Perp
0.9016
+1.24%