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SUI’s last supper for the longs? 4-hour EMA death cross confirmed.
$SUI /USDT - Go SHORT
Trading plan:
Entry: 0.7445 – 0.7479
SL: 0.7626
TP1: 0.7339
TP2: 0.7257
TP3: 0.7135
Why focus on this structure?
- The 1D trend is clearly bearish, with 4H moving averages arranged in a bearish order.
- RSI on 15m is only 30.41; rebounds lack strength, and bearish momentum is building.
- Current 0.7462 is an excellent entry for the main-direction SHORT, with TP1 0.7339, TP2 0.7257, and SL 0.7626 as protection.
Discussion:
Will this drop to TP2 and then bounce to lure longs first? Where are you placing your orders?