$SUI (1h) - Bearish Rejection


Bias: Short
Entry (Zone): 0.799 - 0.815
Targets:
TP1: 0.780
TP2: 0.765
TP3: 0.748
Stop Loss: 0.828
Why this Setup:
I see price pushing into a well-defined resistance area after a strong impulsive move, and the recent failure to hold higher levels suggests buyers may be losing momentum. I want to fade this extension for a move back into the prior range, with downside opening further if support around 0.78 gives way.
SUI2.02%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned