Technical analysis by Geroge_Fx about Symbol SUI: Sell recommendation (3/2/2025)

Geroge_Fx

This is a SUI/USDT 1-hour chart from TradingView.Key Observations:Downtrend Line: The chart shows a downward trendline indicating previous bearish momentum.Resistance Zone: Price is approaching or has touched a resistance zone.Lower High Formation: Confirming a bearish structure.Pullback & Continuation: A possible pullback has been marked, suggesting a continuation of the trend.Projected Price Movement: Two possible scenarios:1. A slight bullish move before reversing downward.2. A direct drop in price after rejection.Suggested Post:🚨 SUI/USDT TRADE ALERT 🚨📊 Chart Analysis:🔹 Trend: Downtrend with resistance rejection🔹 Key Resistance Zone: Marked on the chart🔹 Possible Move: Price may face rejection and continue downward 📉🎯 Sell Entry:3.2500 Around resistance✅ Targets:TP1: 2.900TP2: 2.700TP3: 2.6500⚠ Risk Management: Always use stop loss!#Crypto #Trading #SUIUSDT #SellSignal #TechnicalAnalysisWould you like any modifications before posting?Nice trade! Looks like you caught a solid move on SUI/USDT from 3.2500 down to 2.6500. Great execution and all targets hit! Are you eyeing any new setups, or waiting for the next opportunity?