#sui
The price is trading below the pivot point after a failed attempt to break through at 1.7277. The critical resistance (middle line) is at 1.5937 and the critical support for immediate collapse is at 1.5128. The Relative Strength Index is at 49.6156, which is completely neutral, indicating that the movement is trending according to the strength of the breakout.
Bitcoin is trading at 90,295.9 below the pivot point of 91,267.4, and the buying power is at 39.1, confirming general weakness in the market.
As long as Bitcoin cannot break and hold above 91,267.4 (the pivot point), the most likely scenario is to continue the downward pressure and test 89,013.5.
SUI
The price is close to the lower limit of 1.5128, which may lead to a slight rebound to cool the indicators before the collapse.
1- Sell SUI
Entry: Break and hold below 1.5128 (the lower limit)
Stop Loss: 1.5860 (returning above the current price)
Targets: First target 1.4889 and the deeper structural target is 1.2.
2- Sell SUI
Entry: 1.5937 - if it touches and fails to break it.
Stop Loss: 1.6469 (above a nearby resistance)
First target: 1.5128 (the lower limit)
