$SUI Liquidation Drama: $3,350.1 Shorts Crushed at $4.1876!
The trading arena turned brutal as $3,350.1 worth of $SUI shorts were obliterated at $4.1876, a key level where bulls refused to back down. This was a classic short-squeeze moment, leaving bears licking their wounds.
🔍 Behind the Chaos:
The market’s surge toward $4.18 blindsided short-sellers, who underestimated $SUI’s explosive momentum. Liquidations cascaded, fueling a bullish push that has traders questioning their next moves.
📊 Market Pulse:
Current Price: Stabilizing above $4.18, showing bullish resilience.
Trading Volume: Soaring, reflecting heightened volatility and interest.
Next Resistance: All eyes on the $4.25 breakout zone.
💡 What’s Next?
This liquidation wave underscores the dangers of leveraging in high-volatility scenarios. With sui heating up, could this be the prelude to a rally past $4.25? Or will sellers regroup to defend the higher levels?
Stay on guard—$SUI isn’t done making waves!