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Everyone’s buying SUI—but the 4h chart just lit a massive short signal.
$SUI /USDT - SHORT
Trade Plan:
Entry: 0.7155 – 0.7257
SL: 0.7691
TP1: 0.6842
TP2: 0.6599
TP3: 0.6235
Why this setup?
Why now? 95% confidence SHORT bias on $SUI /USDT. 1D trend is bearish, and RSI on 15m sits at 59.53—overbought in a downtrend. Entry ref at 0.7206 with TP1 at 0.6842 gives a 5% drop before any bounce. The ATR on 1h (0.0202) confirms volatility is tight, meaning the breakdown will be sharp.
Debate:
Are you shorting SUI to TP1 or waiting for a retest of 0.7257 first?