$SUI Short Trade Setup
• Entry Zone: $0.90 – $0.93 (Sell if it rejects this resistance area)
• Target 1 (Take Profit): $0.85 (Recent local support)
• Target 2 (Take Profit): $0.78 (Major support level if the unlock causes a dump)
• Stop Loss: $0.96 (Above the recent lower high; if it breaks this, the bearish thesis is void)
🛡️ Why Short?
1. Technical Indicators: Both the MACD and SAR on your screen are screaming "Sell" right now.
2. Fundamental Pressure: As shown in your news feed, the March 1st Token Unlock (approx. $40M worth of SUI) is a massive "supply shock" event. Typically, traders sell ahead of these events.
3. Market Sentiment: The price is struggling to hold the $0.90 level. If it breaks, it could drop fast.
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