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$SUI - Short Position
Trading Plan:
Entry: 1.036469 – 1.039855
Stop Loss: 1.054411
Target Price 1: 1.025975
Target Price 2: 1.017851
Target Price 3: 1.005664
Why choose this setup?
4-hour bearish bias, confidence at 55%, price is hovering near the 1-hour support level at 1.038. The 15-minute RSI is at 67.68—approaching overbought territory. The daily trend is range-bound, not a breakout. The short entry zone is narrow: 1.036-1.039, with target price 1 at 1.025, target price 2 at 1.017. If the rejection holds, the risk favors a downward move.