$SUI The bull season is ending and the bear trap is beginning ๐ด
$SUI /USDT โ Short ๐ด
Trading plan:
Entry: 0.8542 โ 0.86
0.863826: 0.863826
0.851049: 0.851049
0.846813: 0.846813
0.842577: 0.842577
Why this setup?
The Bollinger Band Width is very narrow (BBW 0.0195), indicating price compression near overbought levels.
OBV is trending upward, while the ratio of long trades is 69.37% versus 30.63% short, indicating the market is excessively long.
Whale positioning increases the likelihood of a long squeeze and a rapid decline.
This content is not investment advice. Do your own research (DYOR).
$SUI /USDT โ Short ๐ด
Trading plan:
Entry: 0.8542 โ 0.86
0.863826: 0.863826
0.851049: 0.851049
0.846813: 0.846813
0.842577: 0.842577
Why this setup?
The Bollinger Band Width is very narrow (BBW 0.0195), indicating price compression near overbought levels.
OBV is trending upward, while the ratio of long trades is 69.37% versus 30.63% short, indicating the market is excessively long.
Whale positioning increases the likelihood of a long squeeze and a rapid decline.
This content is not investment advice. Do your own research (DYOR).
