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SUI long positions’ final chance to escape?
$SUI /USDT - go short SHORT
Trading plan:
Entry: 0.7488 – 0.7520
SL: 0.7657
TP1: 0.7389
TP2: 0.7313
TP3: 0.7198
Why pay attention to this structure?
A 95% short signal has already lit up, and the 1-day trend is clearly bearish. Near 0.7504, the 15-minute RSI is only 42.9, and the rebound lacks strength. On the 4-hour, the EMA is aligned bearish. Below are TP1 at 0.7389, TP2 at 0.7313, with the stop-loss set at 0.7657. Why now? Because once it breaks below 0.7445, the pattern will accelerate into a crash.
Discussion:
Will this move directly smash into TP2, or will it first bounce to lure longs before dropping?