They're buying the dip, but the charts scream a trap for SUI.
$SUI /USDT - SHORT
Trade Plan:
Entry: 0.9351 – 0.9371
SL: 0.9460
TP1: 0.9286
TP2: 0.9237
TP3: 0.9162
Why this setup?
Daily trend is firmly bearish. Price is coiling at a key 4H resistance level near 0.9360, offering a high-probability short entry with a tight stop above 0.9460. RSI on lower timeframes shows weakening momentum into this zone.
Debate:
Is this the final pump before the bearish trend resumes toward TP2 at 0.9237?
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SUI
0.952
+0.44%