Technical analysis by TradingOn about Symbol SUI: Sell recommendation (5/22/2025)

Sui got drained from Cetus LP and is about to print a spinning top candle on daily. A retracement down towards 100EMA / descending trendline support seems likely.⚡️⚡️ #SUI/USDT ⚡️⚡️Exchanges: Bitget FuturesSignal Type: Regular (Short)Leverage: Isolated (4.0X)Amount: 4.8%Current Price:3.9642Entry Zone:3.9947 - 4.2035Take-Profit Targets:1) 3.59011) 3.20681) 2.8235Stop Targets:1) 4.5250Published By: @ZblabaSUI SUIUSDT.P #1D #SuiNetwork #L2 sui.ioRisk/Reward= 1:1.2 | 1:2.1 | 1:3.0Expected Profit= +49.7% | +87.1% | +124.5%Possible Loss= -41.6%Estimated Gaintime= 1-2 monthsSUIUSDT.P TP1'd have been reached with +1.2RCancelled ❌Target achieved before entering the entry zoneSUI is breaking the wedge down as anticipated, unfortunately entry was missed by a few cents.