Post
Bearish

Everyone watching SUI for a bounce is about to get blindsided.



$SUI /USDT - SHORT

Trade Plan:
Entry: 0.7085 – 0.7125
SL: 0.7293
TP1: 0.6964
TP2: 0.6870
TP3: 0.6729

Why this setup?
Why now? The daily trend is bearish while the 1h price sits at 0.7105, the exact entry_ref for the short setup. The 15m RSI reading of 60.3 shows the bounce lacks real momentum, and the 1h ATR of 0.007826 tells us the stop at 0.7293 is dangerously close for any long holder. The entry zone between 0.7085 and 0.7125 aligns perfectly with this resistance, targeting TP1 at 0.6964 and TP2 at 0.6870. The invalidation level at 0.7539 is the line in the sand that protects the trade.

Debate:
Are we hitting TP2 or getting trapped?

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SUISUI-2.19%


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