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SUI bearish trap signal is 95%—do you dare to follow it?
$SUI /USDT - SHORT
Trading plan:
Entry: 0.7313 – 0.7351
SL: 0.7513
TP1: 0.7196
TP2: 0.7106
TP3: 0.6970
Why watch this setup?
- On the 4-hour timeframe, the bearish trend is clear; RSI on the 15m is only 37.79, and momentum keeps weakening.
- Current entry at 0.7332 is right under EMA resistance. If price breaks down below the 0.7313 support, downside could accelerate.
- TP1 at 0.7196 is within reach, and the stop-loss at 0.7513 is clear—risk is controllable.
Discussion:
Will this move hit TP2 at 0.7106 first, or will it fake a breakdown to lure longs?