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SUI bearish signal this round—do you dare to follow?
$SUI /USDT - SHORT
Trading plan:
Entry: 0.7402 – 0.7432
SL: 0.7565
TP1: 0.7306
TP2: 0.7232
TP3: 0.7122
Why focus on this structure?
- Current price 0.7417, 4-hour bearish signal, confidence 95%.
- Daily trend is bearish; RSI on 15m is 59.62, not overbought, and there’s still downside room for the bears.
- Entry 0.7402–0.7432; TP1 at 0.7306, TP2 at 0.7232; SL strictly 0.7565.
- Why now? The trend is aligned, risk is controllable, and it’s the night before a sharp drop.
Discussion:
Do you think this move hits TP2 first, or is it a bull trap rebound?