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Is SUI’s rebound just a trap?
$SUI /USDT - Short SHORT
Trading plan:
Entry: 0.754 – 0.758
SL: 0.773
TP1: 0.743
TP2: 0.734
TP3: 0.722
Why focus on this structure?
- The 1D trend is clearly bearish, and the 4h signals are 95% bearish.
- Current price 0.756, 15-minute RSI 57.37; the rebound has no strength and is nearing EMA resistance.
- Why now? ATR volatility is low; the bears are building up power, and the entry level is precise.
Discussion:
Will this move first reach TP1 0.743, or will it smash straight through TP2 0.734?