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SUI bulls’ final frenzy? Data points to a one-way drop.
$SUI /USDT - SHORT sell
Trading plan:
Entry: 0.7557 – 0.7589
SL: 0.7727
TP1: 0.7458
TP2: 0.7381
TP3: 0.7265
Why focus on this structure?
- The 1D trend is clearly bearish; the 4H cycle has a 95% short signal, and the EMA continues to suppress price.
- The 15-minute RSI is only 54.58; the bounce lacks strength—this is the SHORT entry window.
- Current 0.7573 is near the resistance zone. TP1 looks at 0.7458; TP2 at 0.7381; SL at 0.7727. Risk-reward is over 2:1.
Discussion:
Will this move hit TP2 first, or will it pull back to SL with a bear trap? Which side are you on?