$SUI Liquidated Long Position: $217K at $3.953
The market just saw a major liquidation of a long position worth $217K at the price of $3.953.
This indicates that momentum is shifting, and it could lead to significant market movements.
Key Details:
Amount Liquidated: $217K
Exit Price: $3.953
This liquidation could signal the end of the upward trend, or it could set the stage for a consolidation before the next big move.
Next Move for $SUI ?
Watch out for a potential dip or sideways movement as the market stabilizes.
If the price breaks below $3.90, it could trigger more liquidations and push prices lower.
However, if support holds strong around $3.85, we might see the bulls step in for another push higher.
Stay alert and manage your risk. Market conditions are unpredictable, but strategic entries and exits will be key!
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