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Most traders are still buying SUI—our 4h data just flagged a 95% SHORT setup.
$SUI /USDT - SHORT
Trade Plan:
Entry: 0.7522 – 0.7588
SL: 0.7871
TP1: 0.7318
TP2: 0.7160
TP3: 0.6923
Why this setup?
Why now? The 1D trend is bearish, and the 4h EMA/RSI structure confirms rejection at 0.7555. With ATR at 0.013 on the 1h, momentum favors a drop toward TP1 (0.7318) and TP2 (0.7160) before any reversal. The 15m RSI at 55.9 shows no oversold relief—weak bounce, strong sell pressure.
Debate:
Are we shorting into the 0.75 zone or is this a bull trap about to snap higher?