šØ $SUI Ready to Drop! Buyer Exhaustion at Peak Resistance ā”ļø
$SUI is showing serious weakness as it hits the key resistance zone of 1.605 - 1.585. Every attempt to climb higher is being crushed by sellers, and the technical picture is screaming short opportunity.
š Trade Plan: SHORT
Entry: 1.605 ā 1.585
Take Profit:
šÆ TP1: 1.515
šÆ TP2: 1.451
šÆ TP3: 1.412
Stop Loss: 1.65
š„ Technical Insights:
On D1 & H4, $SUI is trapped below EMA 25/50, forming a dense resistance wall at 1.58ā1.60. RSI is stubbornly below 50, signaling bullish momentum is fading. Past sharp dump to 1.5158 proves buyers are exhausted ā sellers dominate every rebound.
š„ Conclusion:
This is a high-probability short setup for aggressive traders. Resistance is strong, momentum is weak, and the path down is clear. Timing is crucial ā act before the next rejection triggers a fresh dive!#BinanceBlockchainWeek #TrumpTariffs #CPIWatch #WriteToEarnUpgrade #BinanceAlphaAlert
