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Everyone’s still bullish on SUI—that’s exactly why I’m shorting it right now.
$SUI /USDT - SHORT
Trade Plan:
Entry: 0.7502 – 0.7530
SL: 0.7646
TP1: 0.7418
TP2: 0.7353
TP3: 0.7255
Why this setup?
• 1D trend is bearish, and 4h momentum confirms it with a 95% confidence SHORT signal.
• RSI on 15m is oversold at 31.42, but that’s a trap—not a reversal—when macro is down.
• Entry at 0.7516 with TP1 at 0.7418 means 1.3% downside in play before the real dump to TP3 at 0.7255.
Debate:
Are you buying the oversold bounce or fading this dead cat?