SUI Update (1 Minute Read)

4 בנוב׳

SUIUSDT stopped to rest on the weekly timeframe, this is not good. In March we saw the same and what followed was a strong correction.

➖ First there was a TOP. The start of the bearish impulse produced two red candles. One week was of rest and then a bearish continuation happened.

➖ Right now the same price pattern is repeating. We have a top, the start of a bearish impulse with two red candles and last week closed green (rest). What comes next is very likely a bearish continuation.

Thank you for reading.

Namaste.