❌ thesis invalidated SL activated
Post
Maxie Goetter cu7s
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Bearish$SUI is falling in silence and the technical structure is clear: stacked EMAs 20<50<200 with price below, RSI at 34 with room to move, MACD falling, and volume almost 3x the average. BTC is following the bearish bias.
The order book has two bid walls the price must break: 0.66548 (between entry and TP1) and 0.63031 (between TP1 and TP2) — if they hold, they slow the move. On the bullish side, longs 20x at 0.66029 and 10x at 0.62917 could be liquidated and accelerate the drop.
Short from 0.67320 | SL 0.69356 | TP1 0.64266 | TP2 0.62231 | TP3 0.60195 | R:R 2.5 to TP2.
Pay attention, the data backs it up, but this thesis could be reversed. Risk management first, and always complement it with your own research.
The order book has two bid walls the price must break: 0.66548 (between entry and TP1) and 0.63031 (between TP1 and TP2) — if they hold, they slow the move. On the bullish side, longs 20x at 0.66029 and 10x at 0.62917 could be liquidated and accelerate the drop.
Short from 0.67320 | SL 0.69356 | TP1 0.64266 | TP2 0.62231 | TP3 0.60195 | R:R 2.5 to TP2.
Pay attention, the data backs it up, but this thesis could be reversed. Risk management first, and always complement it with your own research.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.