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Everyone’s buying SUI at 0.77—here’s why I just opened a SHORT instead.
$SUI /USDT - SHORT
Trade Plan:
Entry: 0.7688 – 0.7722
SL: 0.7872
TP1: 0.7580
TP2: 0.7496
TP3: 0.7371
Why this setup?
4h trend is bearish, and RSI on 15m is still mid-range at 55—no oversold bounce yet. With entry at 0.7705 and TP1 at 0.7580, the risk/reward favors the downside. Waiting for confirmation, but the setup is screaming “short squeeze in reverse.”
Debate:
Are you adding to your short or waiting for a retest of 0.7727?