SUI has lost support and has fallen below $3.55, and then failed to regain any ground above it repeatedly. The expectation is that it will hit the March 27 high of $2.82 and then possibly fall further.
Trade active
This trade is still in play...Note
Note
On the 15 minute or 1 hour time frame, you can see a Bearish Pennant forming. I expect another leg down soon.Note
As predicted, the bear pennant brought SUI down another leg to $2.80, and we see a nice bounce up, but the trend is still corrective and I don't think we will see SUI go beyone $3.03 before another leg down to the $2.72 range.Note
I'm gonna say it... I told everyone... Note
My original post on 30 May, was, "The expectation is that it will hit the March 27 high of $2.82 and then possibly fall further.".... and we are now at $2.72.Note
Getting very close. Hit $2.46 today. The Fib retracement from the lowest point in April low to the recent May High, shows that we are now in the "Golden Pocket".Trade closed: target reached
Today we hit $2.30 and that was in my predicted range. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.