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This 95% confidence short on SUI might be the trap that wipes out late sellers.
$SUI /USDT - SHORT
Trade Plan:
Entry: 0.733 – 0.739
SL: 0.763
TP1: 0.716
TP2: 0.703
TP3: 0.683
Why this setup?
Why now? 4h trend is bearish, but RSI at 40.46 on 15m suggests a dead cat bounce is overdue before the next leg down. Entry at 0.736 with TP1 at 0.716 gives a 2.7% drop—but the real move is if it fails to hold 0.733 and snaps to 0.703. ATR at 0.01112 on 1h confirms low volatility, meaning the breakout is imminent.
Debate:
Are you shorting the breakdown or waiting for a retest of 0.739 to add size?