$SUI: Fails Resistance Retest: Bearish Extension Imminent
SHORT SETUP SUI
Entry: $0.99150 - $0.99170
Stop Loss: $1.0264
Take Profit: $0.92200 (2R)
Key Levels: Support $0.98430 | Resistance $0.99170
Technical Analysis for $SUI: Price sits just below the 1hour resistance at 0.9917 while trading under EMA9, EMA21, EMA50 and EMA200, signaling bearish bias. RSI is neutral at 48.9 and Stochastic shows a marginal downshift (K < D). Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure.
Market Context: BTC up 0.47% on the day, with a mixed 1day trend but a bearish 4hour EMA alignment; overall market breadth remains broadly
SHORT $SUI
SHORT SETUP SUI
Entry: $0.99150 - $0.99170
Stop Loss: $1.0264
Take Profit: $0.92200 (2R)
Key Levels: Support $0.98430 | Resistance $0.99170
Technical Analysis for $SUI: Price sits just below the 1hour resistance at 0.9917 while trading under EMA9, EMA21, EMA50 and EMA200, signaling bearish bias. RSI is neutral at 48.9 and Stochastic shows a marginal downshift (K < D). Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure.
Market Context: BTC up 0.47% on the day, with a mixed 1day trend but a bearish 4hour EMA alignment; overall market breadth remains broadly
SHORT $SUI