Everyone’s chasing SUI’s bounce, but the 4H chart just whispered a secret the bulls missed.
$SUI /USDT - SHORT
Trade Plan:
Entry: 0.7861 – 0.7911
SL: 0.8126
TP1: 0.7706
TP2: 0.7585
TP3: 0.7405
Why this setup?
- RSI 15m at 35.72 – momentum is fading, not flipping.
- Price pinned at 0.7886, right under the 1H pivot – that’s rejection fuel.
- ATR 1H at 0.0100 means the squeeze is tight; a break below 0.7861 opens TP1 at 0.7706 fast.
- Why now? The “range” trend on 1D is a spring – shorts get the first pull before the snap back up.
Debate:
Are you fading this 0.7886 retest for a drop