SUI 4-hour bearish trap—either a trap, or a real breakout?



$SUI /USDT - SHORT to go short

Trading plan:
Entry: 0.7486 – 0.7520
SL: 0.7665
TP1: 0.7381
TP2: 0.7300
TP3: 0.7178

Why pay attention to this setup?
- The daily trend is clearly bearish, and the 1D structure is weak
- RSI on 15m is only 55.83; rebounds have no strength, with bears pressing down
- Around 0.7503, it’s only a step away from TP1 0.7381
- Why now? 4H EMA bearish alignment + ATR expanding, volatility accelerating

Discussion:
Will this drop straight to TP2 0.7300, or will it first rally to lure buyers before the sell-off?
SUI-0.40%
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