$SUI Buyer Exhaustion - Short Setup at Major Resistance ā”ļø
Plan Trade: Short š“
Entry Zone: 1.605 - 1.585
Take Profit:
šÆ TP1: 1.515
šÆ TP2: 1.451
šÆ TP3: 1.412
Stop Loss: 1.65
š„ Technical Analysis:
On D1 & H4, price is suppressed by EMA 25/50, forming a dense resistance block at 1.58 - 1.60. RSI below 50 confirms a lack of bullish momentum.
The previous sharp dump to 1.5158 serves as a clear warning. Every recovery attempt at resistance is being heavily rejected by sellers.
$ICP .
