SUI just flashed a 95% short signal—most retail is still buying the dip.



$SUI /USDT - SHORT

Trade Plan:
Entry: 0.6973 – 0.7011
SL: 0.7178
TP1: 0.6852
TP2: 0.6759
TP3: 0.6620

Why this setup?
Why now? 4h RSI at 38.72 confirms momentum is fading, not reversing. The 1D trend is bearish, and price is hugging the 0.6993 pivot with a tight ATR of 0.0077. With TP1 at 0.6852 and TP2 at 0.6759, the path of least resistance is down—no bullish divergence in sight.

Debate:
Are you shorting SUI here or waiting for a dead cat bounce first?
SUI3.18%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned