Has the SUI 4-hour timeframe short trap been set up already?



$SUI /USDT - Short

Trading plan:
Entry: 0.7342 – 0.7374
SL: 0.7515
TP1: 0.7240
TP2: 0.7162
TP3: 0.7045

Why focus on this structure?
- The daily trend is clearly bearish; the EMA moving averages are in a bearish alignment that suppresses price.
- Currently ranging around 0.7358; the 15M RSI is only 51.35, and rebounds lack strength.
- Short target TP1: 0.7240 → TP2: 0.7162, with a reward-to-risk ratio over 2:1.
- Why now? The 4-hour MTF signal is confirmed, and ATR volatility is low—breakout is imminent.

Discussion:
Will this move first reach TP2, or is it a bull trap rebound before getting dumped again?
SUI2.84%
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