Current SUI price action suggests a potential trap signal, d

Current SUI price action suggests a potential trap signal, despite some market participants viewing it as a dip. This analysis outlines a potential short opportunity.**$SUI /USDT - SHORT**
**Trade Plan:**
Entry: 1.118003 – 1.129197
SL: 1.157183
TP1: 1.090016
TP2: 1.078822
TP3: 1.056433
**Analysis:**
The 4-hour chart indicates a short setup. The daily trend remains bearish, with RSI on lower timeframes showing a lack of significant buying strength. Our defined Entry zone targets a clear path towards TP1 at 1.0900 if momentum aligns.
A key question for discussion: Is this the beginning of a further downside movement, or could it be a bear trap preceding a reversal? Share your insights!
**Trade here 👇**

.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}Current SUI price action suggests a potential trap signal, despite some market participants viewing it as a dip. This analysis outlines a potential short opportunity.

Current SUI price action suggests a potential trap signal, despite some market participants viewing it as a dip. This analysis outlines a potential short opportunity.