Is SUI’s rebound a trap or an opportunity?



$SUI /USDT - Go SHORT

Trading plan:
Entry: 0.7413 – 0.7435
SL: 0.7527
TP1: 0.7347
TP2: 0.7295
TP3: 0.7218

Why focus on this structure?
- On the 4-hour timeframe, the trend is clearly bearish, with 95% confidence pointing to SHORT.
- On the 15-minute timeframe, RSI is only 55.29—rebound momentum is insufficient, and shorts are favored under EMA resistance.
- Current price is 0.7424, right at the reference entry level; if 0.7450 is broken, the strategy fails.

Discussion:
Do you think SUI will first hit TP1 at 0.7347, or will it rebound and break above 0.7450 directly?
SUI0.53%
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