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Is SUI’s long side still holding on? Short signals on the 4-hour timeframe have been locked in.
$SUI /USDT - SHORT sell
Trading plan:
Entry: 0.7589 – 0.7623
SL: 0.7814
TP1: 0.7450
TP2: 0.7346
TP3: 0.7190
Why focus on this structure?
Why now?
- The 1D trend is clearly bearish, and the 4H EMA bearish alignment is suppressing price.
- RSI on 15m is only 54.36, with weak rebound strength; short momentum hasn’t been released.
- Reference ATR (1h) volatility is 0.006667; the current entry at 0.7606 is close to the resistance zone. TP1: 0.7450 (risk-reward ratio >2).
Reverse scenario: If it breaks 0.7623, a short flip to long targets 0.7726, but probability is low.
Discussion:
Will this SHORT reach TP2 first (0.7346), or will it be a stop-run rebound designed to lure shorts? See the comments. SUI