$SUI Liquidation Shock: Longs Wiped Out!
Liquidated Long: $67K at $4.511
Market Breakdown:
Massive Liquidation: A $67K long position liquidated, triggering a sharp drop in $SUI prices.
Current Sentiment: The market is showing strong bearish pressure as the liquidation creates downward momentum.
Hints for Next Moves:
1. Resistance Zone: Look for resistance around $4.60—any bounce could face strong selling pressure here.
2. Support Level: Key support near $4.30, where buyers may attempt to step in and halt further declines.
3. Breakdown Potential: A sustained move below $4.30 could open the door for further downside, potentially targeting $4.00.
Quick Strategy:
Bulls: Watch for confirmation above $4.60 for a potential reversal.
Bears: Look for weakness around $4.50 for possible short opportunities, with downside targets at $4.30 and beyond.
#SUI is under pressure—watch for swift moves and volatile action!
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