SUI M30 RSI Exhaustion and Bearish Pullback Setup

📝 Description
SUI on M30 just ran hard into HTF supply, but RSI has exited the overextension zone and is rolling over, which usually signals momentum exhaustion. That tells me buyers are losing strength, so a bearish pullback is likely to rebalance toward the nearby imbalances below.
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📈 Signal / Analysis
Primary Bias: Bearish pullback while below 1.535
Short Setup (Reactive):
• Entry (Sell): 1.520–1.530 (HTF supply reaction)
• Stop Loss: Above 1.535
• TP1: 1.5025
• TP2: 1.4822 (30M FVG)
• TP3: 1.4578 (deeper FVG / liquidity)
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🎯 ICT & SMC Notes
• Price tapped HTF OB / supply
• RSI rolling over after leaving overextension zone
• FVG 30M below as downside magnet
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🧩 Summary
After a big run, RSI is basically saying “enough.” While price stays capped under supply, odds favor a controlled drop toward 1.50 then 1.48. If weakness persists, 1.45 becomes the next clean draw.
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🌍 Fundamental Notes / Sentiment
Alts are still reactive and prone to quick rotations. Without a fresh catalyst, these premium rejections often resolve with a pullback into liquidity and imbalance.
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⚠️ Risk Disclosure
Trading involves substantial risk and may result in capital loss. This analysis is for educational purposes only and does not constitute financial advice. Always apply proper risk management, predefined stop-loss levels, and disciplined position sizing aligned with your trading plan.