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.
