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Everyone is bullish on SUI — but the 4H data just screamed a 95% confidence SHORT.
$SUI /USDT - SHORT
Trade Plan:
Entry: 0.7056 – 0.7098
SL: 0.7277
TP1: 0.6927
TP2: 0.6826
TP3: 0.6676
Why this setup?
Why now? RSI on 15M is at 64.38, still in overbought territory for a short. The 1D trend is bearish, and ATR on 1H shows volatility is low — meaning the squeeze hasn't started yet. Entry at 0.7077 with TP1 at 0.6927 is a 2.1% drop before any retrace. This isn't a guess; it's a structural breakdown waiting to happen.
Debate:
Are you fading this short or waiting for a bounce to 0.7170 to invalidate it?