📉 $SUI

SUI

0.9732

-4.53%

Market Context

If price is trading below the prior pullback zone and failing to reclaim 0.94, then:

Trend = Bearish

Structure = Lower Highs

Bounces = Corrective

Bias = Sell rallies

That part aligns.

🎯 Refined Short Plan

Entry: 0.90 – 0.94 (sell into weakness or rejection wick)

Stop: 0.98 (above structure break / reclaim level)

TP1: 0.85

TP2: 0.80

Now let’s evaluate it deeper 👇

🧠 What Makes This Trade High Quality?

✅ Rejection at 0.94 with strong upper wick

✅ 4H close below 0.90 after rejection

✅ Volume expansion on red candles

✅ BTC not pumping aggressively (important for alt shorts)

If these are present → solid setup.

⚠️ What Would Invalidate It Early?

Strong reclaim and hold above 0.94

Bullish engulfing on 4H

Hidden absorption around 0.88–0.89 with higher low formation

If that happens, this becomes a liquidity trap short.

💰 Risk/Reward Check

If entry ~0.92:

Risk ≈ 0.06

Reward to TP2 ≈ 0.12

That’s 1:2 R:R — acceptable.

🔥 Advanced Tip

Instead of full entry at once:

Partial at 0.92

Add only if rejection confirms

Move SL to breakeven at TP1

Protect capital first. Always.