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SUI bulls’ last line of defense—how long can 0.733 hold?
$SUI /USDT - Go SHORT (short sell)
Trading plan:
Entry: 0.731 – 0.735
SL: 0.750
TP1: 0.720
TP2: 0.712
TP3: 0.699
Why watch this setup?
- On the 4-hour timeframe, the short trend is clear, with bearish pressure on the 1-day chart.
- On the 15-minute chart, RSI is only 37.45, momentum is weak, and rebounds lack strength.
- Current 0.733 is short-term resistance; below targets are TP1 0.720 and TP2 0.712.
- Why now? Because the move above 0.747 has already been confirmed as invalid, and the short structure is complete.
Discussion:
Will this drop directly to TP2, or will it first rebound to lure longs before falling?