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Everyone’s buying SUI at 0.70—I’m watching for the rug to slip.
$SUI /USDT - SHORT
Trade Plan:
Entry: 0.6965 – 0.7001
SL: 0.7157
TP1: 0.6853
TP2: 0.6766
TP3: 0.6635
Why this setup?
• RSI on 15m is at 35.49, already in oversold territory—but the 1D trend is bearish, meaning bounces are traps, not reversals.
• Our 4h signal is SHORT with 95% confidence, targeting TP1 at 0.6853 and TP2 at 0.6766.
• With ATR at 0.007243, the move is tight but directional—why wait for a dead cat bounce when the bias is already armed?
Debate:
Are you loading shorts at 0.6983 or waiting for the first retest lower?