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Will SUI break below 0.695? The major players have already positioned short orders.
$SUI /USDT - Short SHORT
Trade Plan:
Entry: 0.731 – 0.735
SL: 0.752
TP1: 0.719
TP2: 0.709
TP3: 0.695
Why pay attention to this structure?
- 4-hour bearish signals, 95% confidence, and clear EMA suppression.
- RSI on the 15-minute timeframe is only 37.57; weakness continues—any rebound is a short entry point.
- Current price is 0.733. First target TP1: 0.719. If it breaks, look to TP2: 0.709. Extreme target TP3: 0.695.
- Stop loss at 0.752, with a risk-reward ratio above 3:1—timing is ripe.
Discussion:
For this round of shorts, are you waiting for a pullback to 0.735 to enter, or placing an order directly to chase?