🔴 SHORT $SUI — Rejection Confirmed
The breakout failed. Sellers are defending resistance.
$SUI rejected from 0.6899 and is now pulling back. EMA20 at 0.679, EMA50 at 0.683 — both flattening. RSI at 54 — cooling down from overbought. Volume on the drop is increasing.
The structure is shifting bearish.
I'm going short from here.
Entry: 0.683 – 0.684
SL: 0.688
🎯 TP1: 0.678
🎯 TP2: 0.674
🎯 TP3: 0.668
Setup fails if price closes above 0.686 on the 15m.
When a breakout fails, the move usually reverses fast.
DYOR. Not financial advice.
$SUI #Binance #BinanceSquare #cryptosignals
The breakout failed. Sellers are defending resistance.
$SUI rejected from 0.6899 and is now pulling back. EMA20 at 0.679, EMA50 at 0.683 — both flattening. RSI at 54 — cooling down from overbought. Volume on the drop is increasing.
The structure is shifting bearish.
I'm going short from here.
Entry: 0.683 – 0.684
SL: 0.688
🎯 TP1: 0.678
🎯 TP2: 0.674
🎯 TP3: 0.668
Setup fails if price closes above 0.686 on the 15m.
When a breakout fails, the move usually reverses fast.
DYOR. Not financial advice.
$SUI #Binance #BinanceSquare #cryptosignals