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SUI Short Signal 95% — Is This Time Different?
$SUI /USDT - Short SHORT
Trading Plan:
Entry: 0.7368 – 0.7396
SL: 0.7520
TP1: 0.7278
TP2: 0.7209
TP3: 0.7106
Why Focus on This Setup?
- On the 4-hour timeframe, the EMA is arranged bearishly; RSI on 15m is only 58.72, and the rebound has no strength.
- Key resistance is 0.7382; the entry zone is 0.7368–0.7396, with stop-loss at 0.7520.
- Targets are TP1 0.7278, TP2 0.7209; the reward-to-risk ratio is over 3:1.
- The 1D trend is clearly bearish—now is a trend-following short window.
Discussion:
Will this move hit TP2 first, or will it be a stop-hunt rebound that pushes back above 0.75?