#SUI Short Setup IdeaTime to short BINANCE:SUIUSDT ?
After the huge rally we see price peaking and slowly losing momentum
It recently did a MSS - Market Structure Shift taking liquidity and moving up into the supply zone
Below the most recent swing low there is a 1H FVG inside a 4H FVG, which acts as a strong magnet, so price should see a rejection inside the supply zone (current price), and drop to that zone
First target should be the most recent swing low
Second target 1H FVG
Suishort
#SUI (SHORT) entry range(2.0844- 2.2500) T.(1.1421) SL(2.3300)I will take this risk to short BINANCE:SUIUSDT from this price (2.0844), please do your own plan....
BINANCE:SUIUSDT
entry range (2.0844- 2.2500))
Target1 (1.4590) - Target2 (1.1421)
SL (2.3300)
*** I will take this risk , please do your own plans ***
*** No FOMO - No Rush , it is a long journey ***
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#SUI/USDT#SUI
We have an uptrend pattern on the 4-hour frame, the price is moving within it and adhering to its limits well and heading to touch you again
We have a resistance area in green at a price of 1.12 if the price touches it and rebounds from it
We have a trend to touch the moving average 100
We have an uptrend on the RSI indicator that supports further decline
Entry price 1.09
First target 1.062
Second target 0.9757
SUI $1.70 Long Target - Longed @ $0.89In my last post I showed a short opportunity on SUI where we shorted $1.12 with target of between $0.90 - $1.00 followed by an immediately longing the bottom for a reversal.
We closed that trade and longed @ $0.89 preparing for this next move of $1.70 long that was already confirmed and still active.
Our Entry was $0.89, but Updating this now on the way to $1.70 long target
It is possible a dip can come if BTC dips, but if BTC is running to $72K+ this long target is sure to hit sooner than later for a nice 69%+ gain.
SUI in a very important place !!Very important range (0.950 - 1.01) $
If the daily candle closes below 0.950, there is a good chance we will see a range of $(0.6147 - 0.5523).
If we find support in the current range (0.950 - 1.01) $ and then break the downtrend line and the daily candle closes above it, we can consider targets at $1.4 and then $2.14. Finally, we can consider a long-term target (3.5 - 3.8) $ for this coin.
This is an analysis and you are responsible for your profits and losses.
It's best to do your own thorough research.