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$SUI /USDT BEARISH OUTLOOK:
Future Tradeers alert ⚠️
Short trade signal 💥
Sell now🚨
Key Levels:
- Current Price: $4.8962
- Resistance Levels: $5.00
- Support Levels: $4.80
Trade Setup:
- Entry: Short at $4.89
- Target 1 (TP1): $4.70
- Target 2 (TP2): $4.50
- Stop Loss (SL): $5.05
Risk Management:
- Risk/Reward Ratio: 1:2
- Position Size: 1-2% of total portfolio
Summary:
We are looking to short $SUI/USDT due to the recent break below the support level at $4.80, indicating a bearish trend. The price is currently consolidating below the resistance at $5.00, providing a good entry point for a short position. The targets are set at $4.70 and $4.50, with a stop loss at $5.05 to manage risk effectively. 📉
Happy Trading! 🚀📈
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