SUIUSDT.P: short setup from daily support at 1.1773SUI / TetherUS PERPETUAL CONTRACTBINANCE:SUIUSDT.PThe_Traders_HouseSUIUSDT.P is heading down after a pump, updating its local low almost every day. Yesterday we stayed above the 1.1773 level — the price where the downward move stopped and above which the asset has been consolidating for two days. We recently confirmed the level with a fakeout, and so far there is no strong reaction to it, which shows buyer weakness. Therefore, I am waiting for volatility to drop (since it's currently very high) and a good approach to the level. If I see this on the chart, I will likely open a short.