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How much further can SUI fall? 4-hour shorts are gathering.
$SUI /USDT - SHORT
Trading plan:
Entry: 0.7410 – 0.7444
SL: 0.7585
TP1: 0.7308
TP2: 0.7229
TP3: 0.7110
Why focus on this setup?
- The trend is clearly bearish: 1D bearish, with a 95% confidence in the short signal.
- Current price is 0.7427 USDT; EMA and RSI (15m 50.77) show the bounce has no strength, and short momentum hasn’t been released.
- Why now? TP1 0.7308 is within reach; if it breaks, TP2 0.7229 and TP3 0.7110 are the next targets.
- The stop loss at 0.7585 is set—risk is controlled.
Discussion:
Will this wave of shorts sweep TP1 first, or directly smash toward TP3?