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SUI Bulls’ Last Escape Chance?
$SUI /USDT - SHORT
Trading plan:
Entry: 0.735 – 0.739
SL: 0.755
TP1: 0.724
TP2: 0.715
TP3: 0.702
Why focus on this structure?
A 95% short signal. The 15-minute RSI has already fallen to 20.53, which is severely oversold, but the 1-day trend is still bearish. The 4-hour EMA has clear price suppression. The current price of 0.737 is right at the short entry point. TP1 looks to 0.724, TP2 looks to 0.715. Why now? The RSI rebound lacks momentum, and bearish volume has not been released yet.
Discussion:
Will this move first take TP2, or will it lure shorts into a sell-off rebound and sweep their stop-loss?