$SUI is getting smacked, man. Short.
This is a setup for a layup short. It's trapped dead center in that range, bouncing off the low but not breaking out above. Heavy supply rejection at the top; multiple candles slapped down with big upper wicks. Momentum's flattening too, no real push above the range high. I'm fading it until it breaks that short-term swing low for a proper entry.
Plan (15m only): entry ~0.68452 · SL 0.69479 · TP 0.67050 · R:R 1.37
15m only — not a swing call.
#TechnicalAnalysis
This is a setup for a layup short. It's trapped dead center in that range, bouncing off the low but not breaking out above. Heavy supply rejection at the top; multiple candles slapped down with big upper wicks. Momentum's flattening too, no real push above the range high. I'm fading it until it breaks that short-term swing low for a proper entry.
Plan (15m only): entry ~0.68452 · SL 0.69479 · TP 0.67050 · R:R 1.37
15m only — not a swing call.
#TechnicalAnalysis
