Sell-the-rally bias as the bounce from 1.37 is corrective into declining EMA99, with price failing to establish acceptance above higher-timeframe resistance, signaling range distribution rather than trend reversal.
As long as price remains capped below 1.52, upside attempts lack follow-through and favor fading with controlled risk. A sustained reclaim above that level shifts bias neutral and suggests structural repair.
#SUI #Layer1 #MarketStructure
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