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Most traders are still buying SUI while insiders are quietly loading shorts at 80% confidence.
$SUI /USDT - SHORT
Trade Plan:
Entry: 0.7973 – 0.8019
SL: 0.8283
TP1: 0.7781
TP2: 0.7638
TP3: 0.7423
Why this setup?
4H RSI at 81.13 is flashing overbought on the 15m, and the 1D trend is bearish. ATR on 1H is tight at 0.009186, meaning a breakout could snap fast. Entry zone at 0.7996 with TP1 at 0.7781 gives a 2.7% move before resistance.
Debate:
Are you adding to your short here or waiting for a retest of 0.8019?