$SUI - my bias remains SHORT
$SUI is sitting under a stack of averages and my first thought flips the usual script.
The setup reads backwards at a glance, since price is 3.8% below the 200 EMA with the 34 and 89 EMAs piled above it, which normally looks bearish pressure. That distance is just normal for a trend, so it is not stretched and not early.
TRADE PLAN
Entry zone: 0.93 - 0.932 (ref 0.9312)
TP1: 0.923 (+0.89%)
TP2: 0.916 (+1.58%)
TP3: 0.91 (+2.28%)
Stop loss: 0.939 (-0.84%)
⚠️ Personal market insight, not investment advice. DYOR.
$SUI is sitting under a stack of averages and my first thought flips the usual script.
The setup reads backwards at a glance, since price is 3.8% below the 200 EMA with the 34 and 89 EMAs piled above it, which normally looks bearish pressure. That distance is just normal for a trend, so it is not stretched and not early.
TRADE PLAN
Entry zone: 0.93 - 0.932 (ref 0.9312)
TP1: 0.923 (+0.89%)
TP2: 0.916 (+1.58%)
TP3: 0.91 (+2.28%)
Stop loss: 0.939 (-0.84%)
⚠️ Personal market insight, not investment advice. DYOR.
