$SUI $SUI - A short setup is forming (x40)
$SUI, afternoon, and order flow is split almost evenly.
What looked like noise is actually a market where buying is only narrowly outpacing selling at 51.7%, so neither side is chasing price. This balance means the short idea still lacks supporting momentum, and the plan’s pending condition reflects the same thing: the entry zone is about 0.2% above the current price, and price hasn’t reached it yet. What could undermine this idea is the lack of conviction on either side, as this quiet balance could break in either direction without warning.
Will buying flows exceed 51.7%, or will selling take over first?
Setup:
Entry: 0.884–0.885
Take profit 1: 0.878
Take profit 2: 0.87
Take profit 3: 0.864
Stop loss: 0.892
Long vs. short: 0 vs. 85, short favored
🔴 Short (5/7): 4-hour trend is bearish, 1-hour confirmation, and the 30-minute timeframe is below the EMAs
🟢 Long (0/7): Nothing so far
Why wait: Price has already moved, so don’t chase it
The idea changes: A close above 0.892 invalidates the short idea
⚠️ This is a personal opinion about the market, not investment advice. Do your own research.
$SUI, afternoon, and order flow is split almost evenly.
What looked like noise is actually a market where buying is only narrowly outpacing selling at 51.7%, so neither side is chasing price. This balance means the short idea still lacks supporting momentum, and the plan’s pending condition reflects the same thing: the entry zone is about 0.2% above the current price, and price hasn’t reached it yet. What could undermine this idea is the lack of conviction on either side, as this quiet balance could break in either direction without warning.
Will buying flows exceed 51.7%, or will selling take over first?
Setup:
Entry: 0.884–0.885
Take profit 1: 0.878
Take profit 2: 0.87
Take profit 3: 0.864
Stop loss: 0.892
Long vs. short: 0 vs. 85, short favored
🔴 Short (5/7): 4-hour trend is bearish, 1-hour confirmation, and the 30-minute timeframe is below the EMAs
🟢 Long (0/7): Nothing so far
Why wait: Price has already moved, so don’t chase it
The idea changes: A close above 0.892 invalidates the short idea
⚠️ This is a personal opinion about the market, not investment advice. Do your own research.
