SUI rebounded quickly from 0.72 to 0.81, but it could not clear the 0.80 hurdle and has since slipped back down to 0.79.
Three signals overlap here: price made a higher high while the strength behind it faded, the buy orders resting above were run and price fell back, and 0.80 is watched resistance.
A move above 0.8265 would mean that resistance was genuinely cleared, so the stop sits just above it to admit quickly that the call was wrong.
The full analysis is for members
Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.
