They're calling this a bear trap. SUI says otherwise.
$SUI /USDT - LONG
Trade Plan:
Entry: 0.9421 – 0.9441
SL: 0.9311
TP1: 0.9521
TP2: 0.9581
TP3: 0.9671
Why this setup?
Daily trend is bearish, but the 4H setup screams reversal. High 85% confidence LONG signal triggered near the 0.9431 ref. RSI on lower timeframes is oversold (41.2), priming for a bounce. Entry zone: 0.9421 - 0.9441.
Debate:
Is this the start of a major trend reversal or just a dead cat bounce?
Click here to Trade 👇️
$SUI /USDT - LONG
Trade Plan:
Entry: 0.9421 – 0.9441
SL: 0.9311
TP1: 0.9521
TP2: 0.9581
TP3: 0.9671
Why this setup?
Daily trend is bearish, but the 4H setup screams reversal. High 85% confidence LONG signal triggered near the 0.9431 ref. RSI on lower timeframes is oversold (41.2), priming for a bounce. Entry zone: 0.9421 - 0.9441.
Debate:
Is this the start of a major trend reversal or just a dead cat bounce?
Click here to Trade 👇️