$SUPER – Short continuation as bounce fails to hold

Set up short SUPER

Entry: 0.1165 – 0.1180

TP1: 0.1135

TP2: 0.1110

TP3: 0.1085

SL: 0.1205

After topping around 0.125, price has been trending down with a clear lower high structure. The latest bounce stalled around MA7 and quickly got sold off again, showing that buyers are too weak to shift momentum.

Right now price is trying to stabilize near 0.115, but the recovery candles are small and lack strength. Both MA7 and MA25 are still sloping down, confirming bearish control. If price pushes into the 0.1165–0.1180 zone and shows rejection, continuation to the downside looks likely.

I prefer the short setup here because the downtrend remains clean and there’s no strong base forming yet. If price breaks above 0.1205, the bearish structure is invalid.

SUPERUSDT

Perp

0.108

-1.46%