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Bearish signal locked in, SUI about to break through key level?
$SUI /USDT - SHORT
Trading Plan:
Entry: 0.7244 – 0.7272
SL: 0.7388
TP1: 0.7160
TP2: 0.7095
TP3: 0.6997
Why watch this setup?
1D trend clearly bearish, 4h EMA resistance pushing down.
Current RSI 15m at 65.2, not overbought, but bounce lacks power, right time to enter.
95% confidence SHORT, TP1 0.7160, TP2 0.7095, stop loss 0.7388.
Why now? Bounce met resistance, bears charging, miss it and wait for next wave.
Discussion:
Will this wave hit TP2 first, or a fakeout bounce then drop?