Is SUI's rally a trap? A short signal with 95% win rate has been triggered.



$SUI /USDT - Short SHORT

Trade Plan:
Entry: 0.733 – 0.737
SL: 0.754
TP1: 0.721
TP2: 0.711
TP3: 0.697

Why focus on this structure?
- RSI on the 15-minute timeframe is only 37.84, momentum is extremely weak, and the 4-hour bearish trend is clear.
- Current price 0.735 is exactly the best entry point for short positions, with TP1 at 0.721 and TP2 at 0.711.
- Stop loss is just 0.754, risk-reward ratio exceeds 1:3. Why now? Because the 1D trend is bearish and the rally has exhausted.

Discussion:
Will this move reach TP2 first, or will it bait longs to liquidate shorts?
SUI-2.32%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned