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SUI—this wave of shorts, do you dare to follow?
$SUI /USDT - SHORT (Short)
Trading plan:
Entry: 0.7399 – 0.7433
SL: 0.7576
TP1: 0.7296
TP2: 0.7217
TP3: 0.7097
Why focus on this structure?
On the 4-hour timeframe, the short trend is clear; the daily chart looks bearish. RSI on the 15-minute timeframe is only 39.65, and momentum is continuously moving downward. Around 0.7416 right now, SHORT directly—TP1 at 0.7296, TP2 at 0.7217, with SL set at 0.7576. The risk-reward ratio is reasonable. Why now? EMA suppression is obvious, rebounds lack strength, and the short acceleration window has already opened.
Discussion:
Do you think SUI will hit TP2 first, or will it trigger the SL?