๐Ÿ”ป $SUI SHORT SETUP โ€“ Overbought after strong rally
Pair: SUIUSDT
Current Price: ~$1.02 โ€“ $1.04
Bias: Short-term pullback expected (Daily RSI overbought)
๐Ÿ“Œ Trade Plan:
Entry Zone: $1.05 โ€“ $1.09
(Wait for rejection / bearish candle)
Stop Loss: $1.13 โ€“ $1.15
Take Profit:
TP1: $0.98 โ€“ $0.96
TP2: $0.90
TP3: $0.85
Risk Management:
Risk only 0.5โ€“1% of your capital.
Move SL to breakeven after TP1 hits.
Reason:
Strong pump + overbought RSI on Daily & 4H. Looking for mean reversion / healthy pullback.
โš ๏ธ Not financial advice. Always use proper risk management. Trade at your own risk.
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