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SUI’s 95% short confidence just flashed—most traders are still long.
$SUI /USDT - SHORT
Trade Plan:
Entry: 0.7093 – 0.7119
SL: 0.7231
TP1: 0.7012
TP2: 0.6949
TP3: 0.6855
Why this setup?
4H timeframe shows bearish trend with RSI at 54.56 (neutral, not oversold). Entry zone 0.7106–0.7119 aligns with 1H pivot resistance. ATR 0.0052 suggests low volatility squeeze—break below 0.7093 triggers TP1 at 0.7012. Why now? Price rejected daily bearish structure, and 95% confidence isn’t noise.
Debate:
Are you waiting for a dead cat bounce or jumping on the short before TP2 at 0.6949?