Is SUI long still clinging on? On the 4-hour timeframe, the shorts have already set a trap.



$SUI /USDT - Go SHORT

Trading plan:
Entry: 0.7485 – 0.7519
SL: 0.7661
TP1: 0.7383
TP2: 0.7303
TP3: 0.7184

Why watch this structure?
- The 1-day trend is clearly bearish; the 4-hour timeframe short signal has 95% confidence.
- Entry 0.7502, stop-loss 0.7661, TP1 = 0.7383, reward-to-risk ratio over 1:2.
- RSI on 15 minutes is 54.17, not oversold, limited room for a rebound.
- Why now? Price is hovering right around the EMA resistance zone, and the short momentum hasn’t faded.

Discussion:
Will this drop straight to TP2, or will it first lure longs and then kill them?
SUI-0.37%
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