BEARISH

SUI BEARISH · 12h

ENTRY0.745~0.7557TARGET0.707STOP0.77
SUI chart

In 3 lines

  • Sui surged from $0.63 to $0.95 through August, then gave it all back and now sits heavily around the $0.73 area with little strength.
  • At $0.745-0.756 the last buying before the crash, two moving averages and a pullback resistance all overlap, so we treat a bounce into it as a place to sell.
  • If a 12-hour candle closes above $0.77, though, the pattern of steadily lower peaks is broken outright, so the stop-loss sits exactly above that line.

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