$SUI: Distribution Phase Ends: Downside Target Zone Set
SHORT SETUP SUI
Entry: $1.1100 - $1.1211
Stop Loss: $1.1580
Take Profit: $1.0307 (2R)
Key Levels: Support $1.1147 | Resistance $1.1165
Technical Analysis for $SUI: SUI is consolidating just below the 200 EMA, with RSI neutral at 50.88 and MACD histogram negative, indicating fading momentum. The ADX of 14.7 suggests a weak trend, favoring a short bias from the overhead resistance near 1.1165. Stochastic K is below D, hinting at downward pressure. With BTC mixed on the 4H, SUI likely tests lower support levels before
Market Context: BTC is bullish on the daily but mixed on the 4H, providing unstable broader market context. The orderbook shows a slight bid
SHORT $SUI
SHORT SETUP SUI
Entry: $1.1100 - $1.1211
Stop Loss: $1.1580
Take Profit: $1.0307 (2R)
Key Levels: Support $1.1147 | Resistance $1.1165
Technical Analysis for $SUI: SUI is consolidating just below the 200 EMA, with RSI neutral at 50.88 and MACD histogram negative, indicating fading momentum. The ADX of 14.7 suggests a weak trend, favoring a short bias from the overhead resistance near 1.1165. Stochastic K is below D, hinting at downward pressure. With BTC mixed on the 4H, SUI likely tests lower support levels before
Market Context: BTC is bullish on the daily but mixed on the 4H, providing unstable broader market context. The orderbook shows a slight bid
SHORT $SUI