SUI 4-hour top divergence—are the whales baiting for a long?



$SUI /USDT — go short (SHORT)

Trading plan:
Entry: 0.7369 – 0.7405
SL: 0.7562
TP1: 0.7256
TP2: 0.7168
TP3: 0.7037

Why watch this structure?
- The 1-day trend is clearly bearish, with the 4-hour EMA capped and moving down.
- RSI on the 15-minute chart at 55.62 hasn’t overheated, but the 1-hour resistance at 0.7387 has been tested 3 times and failed to break.
- ATR at 0.0073 shows volatility is narrowing; if it breaks above the previous high at 0.7467, that would be a false signal—otherwise the high-short logic holds.
- Currently waiting for confirmation of the 0.7369-0.7405 range, not the time to chase a long.

Discussion:
In this 0.7387 short setup, will you bet it hits TP1 at 0.7256 first, or will you sweep the SL at 0.7562 directly?
SUI-1.50%
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