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SUI longers’ last chance to escape?
$SUI /USDT - Go short SHORT
Trading plan:
Entry: 0.7294 – 0.7324
SL: 0.7455
TP1: 0.7199
TP2: 0.7126
TP3: 0.7016
Why focus on this structure?
- On the 4H timeframe, there’s a 95% bearish signal; on the RSI 15M, it’s only 46.57, and momentum has completely weakened.
- The daily trend is clearly bearish, and the current price 0.7309 is pressing against EMA resistance.
- Best entry zone: 0.7294–0.7324; TP1=0.7199, TP2=0.7126, stop loss 0.7455.
- ATR on the 1H is only 0.0061; after volatility narrows, breakouts often accelerate.
Discussion:
Will this move reach TP2 first, or is it a bearish fake-out and rebound? What’s your short position size?