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SUI short signal with 95% confidence—what are you waiting for?
$SUI /USDT - Short SHORT
Trading plan:
Entry: 0.7290 – 0.7318
SL: 0.7442
TP1: 0.7201
TP2: 0.7132
TP3: 0.7029
Why focus on this structure?
- On the 4-hour timeframe, the bearish trend is clear. RSI (15m) is only 66.63, not overbought, with room for further downside.
- Entry reference at 0.7304, TP1: 0.7201, TP2: 0.7132, with an excellent risk-reward ratio.
- The daily trend is bearish; EMA resistance is evident, and this is a trend-following short window.
Discussion:
For this short, are you watching TP2 first or expecting a stop-hunt rebound?