SUI short signal with 95% confidence—are you still going long?



$SUI /USDT - SHORT

Trading plan:
Entry: 0.7315 – 0.7353
SL: 0.7514
TP1: 0.7199
TP2: 0.7109
TP3: 0.6974

Why focus on this structure?
- 4-hour SHORT signal; the trend on 1D is clearly bearish, with the EMA bearish alignment suppressing price.
- RSI on 15m is only 52.09; rebounds are weak—it's not in the oversold zone, and bearish momentum hasn’t been fully released yet.
- Key resistance is 0.7468. If it breaks out, the signal is invalid. Current price 0.7334 is trading right near the EMA and could accelerate downward at any moment.
- Targets: TP1 0.7199, TP2 0.7109. Excellent risk-reward, with a clearly defined stop loss at 0.7514.

Discussion:
Will this leg of the short reach TP1 first, or will it fake out and pump to 0.7468 before dropping?
SUI-2.04%
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