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SUI bulls, don’t rush to buy the dip—on the 4-hour timeframe, a red light has already flashed.
$SUI /USDT - SHORT
Trading Plan:
Entry: 0.7351 – 0.7391
SL: 0.7564
TP1: 0.7226
TP2: 0.7129
TP3: 0.6984
Why focus on this structure?
- SUI is currently quoted at 0.7371. The 1D trend is clearly bearish, and a 95% short signal has been activated.
- RSI on the 15-minute timeframe is only 44; momentum is weak. EMA’s bearish alignment suppresses upside rebound potential.
- Why now? The entry zone is 0.7351–0.7391. TP1 is at 0.7226, with ample room for downside.
Discussion:
Will this move reach TP2 first at 0.7129, or will there be a short-squeeze/stop-hunt fakeout followed by a rebound?