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SUI bulls’ last chance to escape?
$SUI /USDT - SHORT
Trade Plan:
Entry: 0.7326 – 0.7364
SL: 0.7531
TP1: 0.7205
TP2: 0.7112
TP3: 0.6972
Why focus on this setup?
- On the 4H timeframe, the trend is clearly bearish; the daily chart is also bearish, and the direction is highly consistent
- RSI(15m) is only 39.49—still not oversold, with enough downside momentum
- Current price is 0.7345, trading tightly below the EMA, with clear technical pressure
- The main plan targets TP1=0.7205 and TP2=0.7112, with a risk-reward ratio greater than 3:1
Discussion:
Do you think SUI will first reach TP2, or will there be a fake breakdown followed by a rebound?