Post
BlockVibe Global
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SUI printing clear bearish divergence exhaustion
🔴 $SUI - SHORT
Trade Plan:
Current Price: ~0.87
Entry Zone: 0.878 - 0.895
SL: 0.915
TP1: 0.84
TP2: 0.79
TP3: 0.73
SUI is printing regular bearish divergence on daily RSI while making higher highs against steadily weakening momentum at the Fib extension level. The recent pump has stalled exactly where sellers have defended aggressively, confirmed by collapsing volume on the uptick and heavy distribution visible in order flow. The 4H chart shows lower highs forming while the 200 EMA acts as dynamic resistance with negative delta dominance. This multi-timeframe exhaustion setup provides clean risk-reward for the fade.
Fading this SUI divergence or calling it a breakout?
Click below for trade 👇
DYOR & manage risk!
$SUI
{future}(SUIUSDT)
🔴 $SUI - SHORT
Trade Plan:
Current Price: ~0.87
Entry Zone: 0.878 - 0.895
SL: 0.915
TP1: 0.84
TP2: 0.79
TP3: 0.73
SUI is printing regular bearish divergence on daily RSI while making higher highs against steadily weakening momentum at the Fib extension level. The recent pump has stalled exactly where sellers have defended aggressively, confirmed by collapsing volume on the uptick and heavy distribution visible in order flow. The 4H chart shows lower highs forming while the 200 EMA acts as dynamic resistance with negative delta dominance. This multi-timeframe exhaustion setup provides clean risk-reward for the fade.
Fading this SUI divergence or calling it a breakout?
Click below for trade 👇
DYOR & manage risk!
$SUI
{future}(SUIUSDT)