$SUI hit ATH and now has reached the breakout Target from its Falling Wedge pattern that I have been watching for over a week. 100% played out textbook style.

The coin remains perfectly bullish after also invalidation a previous Double (or Quadruple, depending how you count the rejections) Top, after closing well above the previous multiple rejection zone around $4.9.

So, Im closing 50% of my long positions on $SUI but with $ETH still bullish and strong vs Bitcoin, im expecting some selling-off, probably on Sunday.

RSI had a textbook Bullish divergence on Monday, and has actually showed the very bottom of the Falling Wedge. Very cool technical chart righ here... But: RSI is currently at 75, getting overbought soon.

I would definitely not enter this coin right now, there is plenty of charts in crypto for us not to chase pumps into ATH and into psychological $5 mark on overbought RSI already.

What I will dk instead, is wait for a bearish reversal signal to fully exit this coin. To re-buy from you guys panic selling lower 👽💥