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SUI longers’ last chance to escape?
$SUI /USDT - sell SHORT
Trading plan:
Entry: 0.7345 – 0.7381
SL: 0.7533
TP1: 0.7235
TP2: 0.7150
TP3: 0.7023
Why focus on this setup?
- On the 4H timeframe, a 95% short signal, with the daily trend clearly bearish.
- RSI on the 15-minute chart is 49.55; the rebound lacks strength, and under EMA pressure it’s easier to fall than to rise.
- Current 0.7363 is right in the entry zone; below are TP1=0.7235 and TP2=0.7150, with a reward-to-risk ratio over 2:1.
Discussion:
Will this leg first dump to TP2 and then bounce, or will it break down and accelerate directly?