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SUI short signal with 95% confidence—will it break through 0.70 this time?
$SUI /USDT - SHORT
Trading plan:
Entry: 0.7360 – 0.7392
SL: 0.7526
TP1: 0.7264
TP2: 0.7189
TP3: 0.7076
Why focus on this setup?
- The 1D trend is clearly bearish; on the 4H timeframe, shorts have the upper hand, with evident EMA suppression.
- RSI on 15m is 51.15, not oversold—still room for downside.
- Around 0.7376 now, TP1=0.7264, TP2=0.7189, stop-loss at 0.7526, and the risk-reward ratio is reasonable.
- Why now? 1H ATR is only 0.0062—after volatility contraction, it often breaks out; the short opportunity is ripe.
Discussion:
Do you think SUI will hit TP2 first or pull back higher with a bull trap? See you in the comments.