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SUI, this short signal is 95%. Are you brave enough to follow?
$SUI /USDT - Short SHORT
Trading plan:
Entry: 0.7500 – 0.7534
SL: 0.7678
TP1: 0.7396
TP2: 0.7316
TP3: 0.7195
Why focus on this structure?
- The 1-day trend is clearly bearish, and the 4-hour EMA is visibly suppressing price.
- RSI on the 15-minute chart is 64.54, close to the overbought zone—suitable to look for an entry at the top.
- The entry range is 0.7500-0.7534, with TP1 at 0.7396 and a risk-reward ratio of 1:2.
- Why now? The short-term rebound has reached the resistance level, and bearish momentum is building.
Discussion:
Will this push first to TP2 at 0.7316, or will it be a bear trap rebound? What do you think?