Most traders are still buying SUI while the 15m RSI just hit 75.5—here’s why that’s a trap.



$SUI /USDT - SHORT

Trade Plan:
Entry: 0.7458 – 0.7532
SL: 0.7850
TP1: 0.7229
TP2: 0.7051
TP3: 0.6785

Why this setup?
• 4h bias is SHORT with 95% confidence, and the 1D trend is bearish.
• 15m RSI at 75.46 signals overbought exhaustion within a downtrend.
• Entry zone is tight: 0.7458–0.7532 with TP1 at 0.7229 and TP2 at 0.7051.
• Why now? The overbought bounce is the liquidity grab before the next leg down.

Debate:
Are you shorting this pop or waiting for a retest of 0.7532?
SUI12.82%
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