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SUI long positions’ last escape window?
$SUI /USDT - go short SHORT
Trading plan:
Entry: 0.7321 – 0.7353
SL: 0.7487
TP1: 0.7224
TP2: 0.7149
TP3: 0.7036
Why focus on this structure?
- 4-hour timeframe confirms the short trend; on the 15-minute chart, RSI is only 39.47, and the rebound lacks strength.
- Current price 0.7337 is right against the short-side defense line; if it breaks below 0.7321 support, it will accelerate toward TP1 0.7224.
- Why now? The daily chart trend is clearly bearish; ATR volatility is low, and the probability of a breakout is extremely small.
Discussion:
Will this move first hit TP2 0.7149, or will it fake a pump to pull back to 0.7450 and then short?