This token had a nice rise over the last 6 months, but technicals are not looking good right now.
We have:
- Ending diagonal pattern for blue 5 / black 5 / gray 3.
- Bearish RSI divergence
I don't see SUI as a good opportunity right now (unless you are a holder), and I'll wait for a corrective pattern (gray 4) before looking for new long trades.
노트
Ascending channel (ending diagonal) was broken, and we're now in gray 4 correction. We already have the 38.2% pullback, but I'd prefer to see a test of 3.00 / 50% pullback for a better risk/reward trade.
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📈 Experienced Crypto trader
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🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
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