Everyone’s bullish on $SUI /USDT—but the 4h chart just screamed “fakeout” at 0.74.



$SUI /USDT - SHORT

Trade Plan:
Entry: 0.74 – 0.74
SL: 0.76
TP1: 0.72
TP2: 0.71
TP3: 0.69

Why this setup?
• 95% confidence SHORT signal armed—1D trend remains bearish.
• RSI 15m at 44.37, momentum fading into the 4h resistance pivot.
• Entry at 0.74 with tight SL at 0.76—risk defined, reward skewed.
• Why now? The “breakout” is already rejected; history repeats.

Debate:
If 0.74 holds as resistance, are you scaling into TP1 at 0.72 or waiting for the trap at 0.76?
SUI0.88%
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