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SUI longs’ final wild party? 4-hour shorts have already been set up and waiting.
$SUI /USDT - go short SHORT
Trading plan:
Entry: 0.7392 – 0.7422
SL: 0.7552
TP1: 0.7298
TP2: 0.7225
TP3: 0.7116
Why focus on this structure?
- The 1D trend is clearly bearish; the 4-hour EMA setup is short-aligned. Selling into rebounds is the opportunity.
- RSI 15m 60.17, in the short-term overbought zone, together with the 0.7407 resistance level—this is exactly the SHORT entry point.
- SL 0.7552, TP1 0.7298; the risk-reward ratio is over 3x, with the current signal at 95% confidence.
Discussion:
In this 0.7407 short setup—are you betting to hit TP2 at 0.7225 first, or will you wait for the rebound and get stopped out?