SUI/USDT (15M Chart Setup) – METAZON Reversal Analysis

Price is currently testing a major upper supply zone between 0.8050 – 0.8100, forming repeated wick rejections and failing to hold a breakout higher. The projected move anticipates a structural correction toward lower demand blocks.
Trade Plan & Key Levels
* Pair: SUI/USDT (OKX)
* Timeframe: 15-Minute
* Current Zone / Sell Bias: 0.8048 – 0.8100
* Take Profit 1 (TP1): 0.7460 (approx. -6.75% move)
* Take Profit 2 (TP2 / Final Target): 0.7010 – 0.6950 (major support shelf, approx. -12.7% total move)
* Invalidation / Stop Loss: A clean, body close above 0.8150 on the 15M chart invalidates the short bias.
Execution Details
* Liquidity Sweep & Rejection: The label marked METAZON highlights a sweep of equal highs into the overhead resistance block followed by quick distribution wicks.
* Momentum Shift: Watch for a break below local market structure on lower timeframes (3M/5M) to confirm weakness before executing full size.
* Volume Delta: Look for decreasing buy volume into the highs and aggressive market selling on any retest of 0.8060.
Strict Precautions & Risk Management
* Do Not Front-Run Without Confirmation: Avoid market shorting blindly into resistance without seeing a bearish close or a lower-high formation; supply zones can expand into explosive short squeezes.
* BTC Correlation Check: Altcoin moves on low timeframes are heavily tethered to Bitcoin. If BTC initiates an aggressive upside breakout, close or de-risk shorts immediately.
* Stop-Loss Execution: Always keep a hard stop loss. Slippage can spike fast on low-timeframe altcoin momentum.
* Take Partial Profits: Move stops to break-even once TP1 (0.7460) is secured to ensure a risk-free ride into the 0.7000 demand zone.