$SUI Bears Take Control! Long Liquidation Sends Shockwaves! 💥
🔴 #SUI just saw a $1.56K long liquidation at $4.2314, as the bulls' momentum faltered and the bears stepped in with full force. The sudden downturn has caught over-leveraged longs off guard, triggering a rapid sell-off.
📉 What Triggered the Drop?
Resistance at key levels blocked further upside, leading to a sharp pullback.
Liquidation of long positions added fuel to the fire, driving the price even lower.
⚡ What’s Next for #SUI?
Bears are in control for now, but traders will be closely watching for any signs of a potential reversal.
Bulls could regroup at lower levels, hoping for a recovery, but they’ll need solid buying pressure to break the resistance.
💡 Trader Tip: Volatile markets can flip quickly—tight stops and risk management are crucial to weathering these shifts.
Is #SUI ready for a comeback, or will the bears continue to dominate? Let us know your strategy below! 🚀