SUI/USD TETHER PERPETUAL SWAP CONTRACT
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SUI/USDT | 4-Hour Resistance Zone Short Setup

This setup for SUI/USDT on the 4-hour timeframe highlights a potential rejection from a key resistance zone. Here's the trade idea:

  • Entry: Around $5.081, targeting the red resistance zone at $5.0252.
  • Stop-Loss: Above the resistance zone, allowing for potential wicks.
  • Take-Profit: Targeting $4.7629, which aligns with a strong support area.


This strategy assumes a pullback or rejection from the resistance zone with sellers dominating at this level. Monitor price action and volume for confirmation of the reversal. Suggestions for refinements are welcome!
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