SUI Bear Trap or Trend Reversal?



$SUI /USDT - Short SHORT

Trading Plan:
Entry: 0.7226 – 0.7262
SL: 0.7420
TP1: 0.7112
TP2: 0.7024
TP3: 0.6891

Why focus on this structure?
- 4-hour EMA bearish alignment, 1-day trend clearly bearish, 95% high confidence SHORT signal.
- RSI 15min at 61.84 near overbought, weak rebound momentum, exactly the entry window.
- Current price 0.7244, TP1 0.7112 (-1.8%), TP2 0.7024 (-3%), SL 0.7420 (+2.4%), risk-reward ratio 1:1.5.

Discussion:
Do you think SUI will hit TP2 first or trigger a false breakout?
SUI3.23%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned