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Most traders are still buying SUI while the 4H chart is screaming SHORT at 80% confidence.
$SUI /USDT - SHORT
Trade Plan:
Entry: 0.7386 – 0.7426
SL: 0.7661
TP1: 0.7215
TP2: 0.7088
TP3: 0.6897
Why this setup?
Why now? 1D trend is bearish, and the 15m RSI at 63.9 is already in overbought territory on a short timeframe. With the entry ref at 0.7406 and a clear ATR of 0.0081, we’re in the squeeze zone. The math says fade the pump, not chase it.
Debate:
Is the 0.7386–0.7426 range the perfect short entry, or are we about to get stopped out by a fakeout?