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Everyone’s buying SUI at 0.79—here’s why I’m shorting into the trap.
$SUI /USDT - SHORT
Trade Plan:
Entry: 0.7865 – 0.7909
SL: 0.8102
TP1: 0.7726
TP2: 0.7618
TP3: 0.7457
Why this setup?
• 4H trend is bearish with 95% confidence—this isn’t a dip, it’s a distribution.
• RSI on 15m sits at 52.67, neutral but not oversold—room to fall further.
• Entry zone 0.7887–0.7909 targets TP1 at 0.7726, TP2 at 0.7618.
• ATR of 0.0089 on 1H means volatility is tight—breakdown likely accelerates.
Debate:
Are you shorting SUI here or waiting for a bounce to 0.80 to reload?