Are SUI bulls still dreaming? The 4-hour level has flashed red.



$SUI /USDT - Short SHORT

Trade Plan:
Entry: 0.7283 – 0.7323
SL: 0.7493
TP1: 0.7160
TP2: 0.7065
TP3: 0.6922

Why pay attention to this structure?
- The 1-day trend is clearly bearish, the 4-hour EMA resistance is obvious, and any bounce is a sell opportunity.
- RSI on 15-minute is only 46.45, momentum is weak and cannot support a reversal.
- ATR on 1-hour is 0.007933, volatility is contracting, direction selection is imminent, bears have the upper hand.
- Currently around 0.7303, directly targeting TP1 0.7160, risk-reward ratio 3.5:1.

Discussion:
Do you think SUI will first drop to TP2 0.7065, or fake break down then pump back to trap bulls?
SUI-2.46%
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