📉 SUI/USDT | Sharp Rejection – Breakdown Below Key MAs
Price closed at $1.3047, down -7.29% after trading between $1.4110 and $1.2758.
Trading well below MA(25) $1.6560 and MA(99) $1.7221, but still above MA(7) $1.234 – short-term support holding for now.
Hold above $1.300 → possible bounce toward $1.350 → $1.411.
Break below $1.2758 → risk drop to $1.234 MA(7) support → $1.200.
✅ Trade Plan
Short Entry: $1.330–$1.310 (on retracement to resistance)
Target 1: $1.275
Target 2: $1.234
Stop Loss: Above $1.345
Note: Sharp sell-off today – momentum bearish. Avoid longs until MA(25) is reclaimed.
📌 Sell rallies until price stabilizes above MA(25).
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SUI
1.2772
-6.77%