🚨 SUI Rejection at $4 – Short in Play! 🚨
SUI was smacked down from $4.00, slipped under EMA(7) $3.889, and is now clinging to EMA(20) $3.804.
RSI collapsed from 73 → 45, signaling fading momentum.
📉 Plan:
• Break below $3.80 → Target $3.72 (EMA40).
• Stop-loss: Above $3.90 to protect capital.
• Consider taking partial profits near $3.72, then trail stop if momentum stays bearish.
Bulls are trapped above $3.88 — sellers have the upper hand.
DYOR — Not financial advice.