$SUI Bears Strike Back: $75.5K Longs Liquidated at $3.333!
$SUI (SUI) faces intense bearish pressure as $75,500 in long positions are liquidated at the key price level of $3.333.
This marks a sharp pullback, shaking bullish confidence and emphasizing market volatility.
Key Highlights:
Liquidation Scale: $75.5K in long positions wiped out.
Critical Price Zone: $3.333 – signaling a decisive point for traders as bears take control.
Market Sentiment: Shifting as SUI struggles to maintain its recent upward momentum.
Why It Matters:
$SUI , a high-performance blockchain known for scalability and low-latency applications, has seen rising adoption.
However, this long liquidation event highlights the challenges tokens face in sustaining bullish trends during heightened market fluctuations.
What’s Next for SUI?
SUI’s next support level lies around $3.25, while immediate resistance forms near $3.40.
Traders should watch closely for potential rebounds or further sell-offs as SUI navigates this critical phase.
Stay tuned as the battle between bulls and bears shapes Sui’s trajectory in the evolving market!
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