SUI Short-Term Drop 5X SHORT—276% Potential
2024-11-06

We are looking at the final correction of 2024. This is an assumption but an educated one, it is based on the data (information) coming from the charts.

In October, SUI produced a lower high that turned into a double-top and finally a higher high compared to March 2024.

The orange line is the resistance line for the top pattern. Below this line ultra-bearish. The bearish potential remains active even above it but below it you can go in full force.

Full trade-numbers below:
___
 SHORT SUIUSDT 

Entry levels: 

1) $2.25
2) $2.05
3) $1.90

Targets:

1) $1.80
2) $1.69
3) $1.56
4) $1.42
5) $1.28
6) $1.20
7) $1.03
8) $0.97
8) $0.88

Stop-loss:
Adjust to your own risk tolerance

Potential profits: 376%

Capital allocation: 4%
___

Disclaimer: You are a human being and you are special in the sense that you have free will. You are reading this now out of your own volition. You can choose to read or not to read, you can choose to eat or not to eat. Whatever action we take is up to us.

I am sharing these numbers for learning and entertainment purposes, I cannot guarantee any results. Market conditions can always change.

If something goes bad, this can result in a loss.
If the market moves as I see it, this can result in a win, for me... Win or loss for you will depend on what you choose.

This is not financial advice.

Thanks a lot for your support.

Namaste.