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SUI bulls’ last line of defense—if 0.7374 breaks, it will collapse.
$SUI /USDT - go SHORT
Trading plan:
Entry: 0.7412 – 0.7442
SL: 0.7569
TP1: 0.7321
TP2: 0.7250
TP3: 0.7143
Why focus on this setup?
- Daily is clearly bearish, 4h direction SHORT, with 95% high confidence.
- Current price is 0.7427, hovering near a key 1h level; RSI on 15m is only 47.85, somewhat weak.
- Below, 0.7374 is the invalidation level—once it breaks, the short targets go straight to TP1 0.7321 and even TP2 0.7250.
- Why now? Because 0.7442 resistance is capping the price; rebounds have no strength—the shorts are building momentum, ready to unleash.
Discussion:
Do you think SUI will first touch 0.7374 and then bounce, or will it accelerate straight into a selloff?