SUI’s 0.7482 is a trap door—95% of short setups like this one don’t fake out twice.



$SUI /USDT - SHORT

Trade Plan:
Entry: 0.7448 – 0.7516
SL: 0.7805
TP1: 0.7240
TP2: 0.7078
TP3: 0.6836

Why this setup?
- 4h trend is bearish, and the 1h RSI at 45.74 still has room to drop before oversold.
- ATR on 1h is tight (0.013), suggesting a breakout is imminent—likely downward to TP1 at 0.7240.
- Entry is armed at 0.7482 with a 3.2% risk-to-reward on the short side.

Debate:
If SUI breaks below 0.7448, do you add to the short or wait for a retest of 0.7482 first?
SUI4.93%
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