$SUI Long Liquidation Alert

A massive $198K was liquidated at $4.408, highlighting strong bearish pressure as long positions were forcefully closed.

What’s Next?

This liquidation suggests sellers are currently in control, but opportunities exist. Here’s your actionable plan:

Buy Zone

Entry Range: $4.200 - $4.300

This support zone could offer a chance for a rebound if buyers regain momentum.

Target Levels

Target 1: $4.500 (short-term recovery level)

Target 2: $4.700 (mid-term resistance)

Target 3: $5.000 (psychological breakout level)

Stop Loss

$4.100

Protect your position by setting a stop loss below this level to minimize risk.

Key Insights

Bearish Momentum: The large liquidation confirms sellers' dominance; caution is advised.

Volume Analysis: Look for increasing volume at the buy zone to signal a potential reversal.

Market Conditions: Broader trends in the crypto market and BTC’s movement will heavily impact SUI.

Pro Tips for Trading $SUI

1. Wait for Confirmation: Look for bullish signals (higher lows or reversal candlesticks) in the buy zone.

2. Risk Management: Avoid over-leveraging; only invest what you can afford to lose.

3. Stay Updated: Watch for news or developments that could influence SUI’s price.

Final Thought:

$SUI ’s liquidation creates an opportunity for disciplined traders. Trade with caution, follow your plan, and keep an eye on market signals for the next move!

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