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Most traders are still buying SUI while the 4h chart is screaming SHORT at 95% confidence.
$SUI /USDT - SHORT
Trade Plan:
Entry: 0.7451 – 0.7515
SL: 0.7792
TP1: 0.7251
TP2: 0.7097
TP3: 0.6865
Why this setup?
Why now? The 1D trend is bearish, and price is sitting right at the 1h resistance (0.7482). RSI on the 15m is neutral at 52—no momentum to push higher. With ATR at just 0.01288, a breakdown below entry low (0.7451) could trigger a fast slide toward TP1 (0.7251) and TP2 (0.7097). The setup is tight, high probability.
Debate:
Is this a trap before a fakeout to 0.7715, or are we shorting into the abyss?