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SUI short signal with 95% confidence—are you brave enough to take this knife?
$SUI /USDT - Short SHORT
Trading plan:
Entry: 0.7542 – 0.7572
SL: 0.7700
TP1: 0.7450
TP2: 0.7378
TP3: 0.7271
Why focus on this setup?
- On the 4H timeframe, shorts dominate; the 1D trend is clearly bearish, with EMA lines aligned to the downside.
- RSI on 15M is 55.38—weak rebounds, exactly the moment to add to a SHORT.
- Current price is 0.7557; TP1 0.7450, TP2 0.7378, with a reward-to-risk ratio greater than 2:1.
- Why now? After a rebound to a key resistance area, and with ATR on 1H at only 0.0059—volatility contraction; the move is about to break out.
Discussion:
Will this round sweep TP2 first, or will it fake a breakdown and then reverse into a LONG? See you in the comments.